Showing 1 - 10 of 293
This paper offers empirical evidence that greater financial inclusion of small and medium enterprises (SMEs) can … higher for SMEs. We also obtain evidence of a substantial positive impact on SME employment and labor productivity growth …
Persistent link: https://www.econbiz.de/10012859860
This paper assesses whether cross-border M&A decisions exhibit network effects. We estimate exponential random graph models (ERGM) and temporal exponential random graph models (TERGM) to evaluate the determinants of cross-country M&A investments at the sectoral level. The results show that...
Persistent link: https://www.econbiz.de/10012843316
conditions have been accommodating, credit growth has remained weak, especially for small and medium-sized enterprises (SMEs …). Firm-level SME data and sectoral corporate balance sheets show that many SMEs have faced structural challenges of high … leverage and low profitability. Moreover, the global financial crisis has weakened the financial position across SMEs …
Persistent link: https://www.econbiz.de/10013088729
(SMEs) in the world. The paper provides empirical evidence on the drivers of SME access to finance for a large sample of …
Persistent link: https://www.econbiz.de/10012836535
the important role of small and medium-sized enterprises (SMEs) in explaining Japan's modest productivity growth. Results …. SMEs, on average, exhibit lower productivity growth than non-SMEs in Japan, with smaller and older SMEs showing … particularly low productivity growth. Estimates suggest that boosting productivity growth in all of the worst-performing SMEs could …
Persistent link: https://www.econbiz.de/10012865835
Presumptive income taxes in the form of a tax on turnover for SMEs are pervasive as a way to reduce the costs of …
Persistent link: https://www.econbiz.de/10012868459
The limited access to bank credit in recent years has increased the pressure on small and medium size enterprises (SMEs … channel, finds evidence that countries with high prevalence of SMEs tended to recover more slowly from the global financial … negative credit supply shock applied to SMEs has an adverse effect on economic activity, and this impact is amplified in …
Persistent link: https://www.econbiz.de/10013050665
data on thousands of euro area firms, we study factors that affect the access to finance of SMEs. We find that changes in … significantly improve access to finance of SMEs. Finally, access to finance is found to be positively related to firm size and firm …
Persistent link: https://www.econbiz.de/10013053038
have access to safer banks: those that were better capitalized banks and with a presence in the credit default swap market …
Persistent link: https://www.econbiz.de/10013250069
. Furthermore, the fintech approach benefits SMEs that are smaller and in smaller cities, hence complementing the role of banks by …Promoting credit services to small and medium-size enterprises (SMEs) has been a perennial challenge for policy makers …
Persistent link: https://www.econbiz.de/10013315099