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Many emerging markets have undertaken significant financial sector reforms especially in their banking sectors that have been quite critical for both financial development and real economic activity. In this paper, we investigate the success of banking reforms in India where significant banking...
Persistent link: https://www.econbiz.de/10011493763
beyond which further increases in leverage could lower TFP growth. -- Excess leverage ; bank efficiency ; market …
Persistent link: https://www.econbiz.de/10003944314
This paper examines a much overlooked link between credit markets and formalization: since access to bank credit typically requires compliance with tax and employment legislation, firms are more likely to incur such formalization costs once bank credit is more widely available at lower cost; if...
Persistent link: https://www.econbiz.de/10003925244
This paper evaluates the effectiveness of easing credit constraints for rural producers in Mexico through loans provided by a national public development finance institution (DFI). In contrast to most of the existing literature, the study focuses on the effect of medium-sized loans over a two-...
Persistent link: https://www.econbiz.de/10012581494
This paper studies how formal financial access affects network-based financial arrangements. We use a field experiment that granted access to a savings account to a random subset of households in 19 Nepalese villages. Exploiting a unique panel dataset that follows all bilateral informal...
Persistent link: https://www.econbiz.de/10014311943
, increase or decrease firms' efficiency, scale of operation (size) and employment. Using a large panel of firm-level data from … Poland over 1995-2015, we show that rushed privatization has negative efficiency, scale and employment effects relative to … stronger than its negative effect on efficiency. Our results suggest that when policy makers resort to rushed privatization …
Persistent link: https://www.econbiz.de/10011859206
and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the …
Persistent link: https://www.econbiz.de/10010227718
) and technical efficiency changes. We found that relative to the baseline rice output per decimal, access to credit … total effect into the frontier shift and efficiency improvement, we found that, on average, around 11 percent of the … improvements in technical efficiency. The efficiency gain was higher for modern hybrid rice varieties, and almost zero for …
Persistent link: https://www.econbiz.de/10012058453
Decoupling economic growth from environmental degradation and climate change, increasing resource efficiency, and … and energy standards on the energy efficiency of SMEs in North Africa and suggests actions and policies to encourage … structural transformation and ensure better energy efficiency. …
Persistent link: https://www.econbiz.de/10014495764
data from China. We specify alternative measures of human capital and apply them to an enhanced growth model which we …
Persistent link: https://www.econbiz.de/10011993244