Access to Credit as a Growth Constraint

From a sample of 75,854 Slovenian fi rms in the period 1995–2011, we examine the effects of a fi rm’s access to bank credit on its growth. The results suggest that as the external fi nancing constraint relaxes and fi rm gets access to credit, the reliance on internal funds to fi nance growth decr...

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Bibliographic Details
Main Authors: Matjaž Volk, Polona Trefalt
Format: Article
Language:English
Published: University of Warsaw 2014-05-01
Series:Journal of Banking and Financial Economics
Subjects:
Online Access:https://jbfe.wz.uw.edu.pl/resources/html/article/details?id=195731