Misallocation, Access to Finance, and Public Credit: Firm-Level Evidence

Misallocation, Access to Finance, and Public Credit: Firm-Level Evidence

Using a database of 23,000 firms in 45 economies, we test the quantitative importance of access to finance and access to public and private credit for the determination of misallocation. We first derive measures of factor market and size distortions, and then use these measures within a regression f...

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Bibliographic Details
Main Authors: Miguel A. León-Ledesma, Dimitris Christopoulos
Format: Article
Language:English
Published: World Scientific Publishing 2016-09-01
Series:Asian Development Review
Subjects:
financial access
firm level
misallocation
productivity
public credit
Online Access:https://www.mitpressjournals.org/doi/pdf/10.1162/ADEV_a_00075

Internet

https://www.mitpressjournals.org/doi/pdf/10.1162/ADEV_a_00075

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