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"This paper studies the decision of firms to extend trade credit to customers and its relation with their financing decisions. The authors use a novel firm-level database of Chinese SMEs with unique information on market power in both output and input markets and on the amount, terms, and...
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necessary for authorities in the People’s Republic of China (PRC) to consider an approach that would further attune its economic … engine toward sustained growth. This paper argues that certain industries—in particular, the small and medium enterprise (SME … issues such as innovation, R&D, and strategic clustering may influence the SME sector, and outlines both internal as well as …
Persistent link: https://www.econbiz.de/10003387699
China's (PRC's) small and medium enterprises (SMEs). It also provides relevant policy suggestions at the end. First, this … global financial crisis on the PRC's SMEs, focusing the discussion on the causes of and resulting problems from SME … development of SMEs and puts forward relevant measures in the context of an SME credit guarantee, the expansion of financing …
Persistent link: https://www.econbiz.de/10003928006
Confronted by the current global economic crisis, Taipei, China's economy has suffered much like its neighbors. However …, Taipei, China is different from other East Asia economies in several aspects. First, Taipei, China's industrial organization … Kabushiki-gaish. Second, Taipei, China has experienced extraordinary "hollowing-out" of its industrial base as many firms (both …
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