Bigsten, Arne; Collier, Paul; Dercon, Stefan; … - In: Journal of African Economies 12 (2003) 1, pp. 104-125
We investigate the question of whether firms in Africa's manufacturing sector are credit constrained. The fact that few firms obtain credit is not sufficient to prove constraints, since certain firms may not have a demand for credit while others may be refused credit as part of profit maximising...