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, preferably, also on firm age. -- Small and medium-sized enterprises ; growth analysis ; panel analysis ; system GMM estimation …
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use a dataset with approximately 700,000 firm-year observations of German small and medium-sized enterprises (SME) to … the German banking market. Market power generally spurs aggregate SME growth. Banks need to realize sufficient margins to … reduces SME growth in industries that depend heavily on external finance. -- growth decomposition ; reallocation ; banking …
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