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indicates that Danish firms' credit demand is relatively limited, and that they have relatively good access to finance in …
Persistent link: https://www.econbiz.de/10011489436
ratio of bank credit over the GDP. Banks thus push firms away from exports that are facing an uphill battle on a competitive … foreign market due to a suboptimal use of the domestic factor endowment. Our results imply a disciplining role for bank credit … in terminating inefficient trade flows. This constitutes a new channel through which finance improves resource allocation …
Persistent link: https://www.econbiz.de/10011345541
ratio of bank credit over the GDP. Banks thus push firms away from exports that are facing an uphill battle on a competitive … foreign market due to a suboptimal use of the domestic factor endowment. Our results imply a disciplining role for bank credit … in terminating inefficient trade flows. This constitutes a new channel through which finance improves resource allocation …
Persistent link: https://www.econbiz.de/10011346433
ratio of bank credit over the GDP. Banks thus push firms away from exports that are facing an uphill battle on a competitive … foreign market due to a suboptimal use of the domestic factor endowment. Our results imply a disciplining role for bank credit … in terminating inefficient trade flows. This constitutes a new channel through which finance improves resource allocation …
Persistent link: https://www.econbiz.de/10010856792
ratio of bank credit over the GDP. Banks thus push firms away from exports that are facing an uphill battle on a competitive … foreign market due to a suboptimal use of the domestic factor endowment. Our results imply a disciplining role for bank credit … in terminating inefficient trade flows. This constitutes a new channel through which finance improves resource allocation …
Persistent link: https://www.econbiz.de/10010818800
investigate the effect on small business finance of an alternative contractual scheme based on group lending, the Mutual Guarantee …
Persistent link: https://www.econbiz.de/10013159734
bank finance grow faster than those financed by informal sources. Our results hold after controlling for firm … characteristics, country economic development, as well as potential endogeneity. The effect of bank finance on firm growth is more … pronounced in non-OECD than OECD countries, indicating the overwhelming importance of bank finance in countries with less …
Persistent link: https://www.econbiz.de/10012936378
relation to a bank with higher interbank market reliance reduce their innovation activities during the financial crisis to a …
Persistent link: https://www.econbiz.de/10012941280
effect is particularly pronounced for firms that are affected by financing constraints on the firm or bank side. Finally, our …
Persistent link: https://www.econbiz.de/10012793582
determined by (i) the specific time period (crisis vs. non-crisis) and (ii) the balance sheet strength of the firm's main bank in … terms of bank capital. Results of difference-in-differences estimations utilizing three time periods: 2002-2006 (pre …
Persistent link: https://www.econbiz.de/10012196342