Information sharing and access to finance of SMEs: cross country evidence from survey data
Using a survey of firms in 61 countries around the world (WBES) and econometric techniques that allow us to deal with observed and unobserved country specific components as well as with partial endogeneity, we explore the role of the development of credit information mechanisms such as private credit bureaus or public credit registries on small and medium-size enterprises' access to bank credit. We find that the development of information sharing mechanisms reduces significantly the financing gap between small and large firms.
Puede citar el documento con el texto siguiente:
Item perteneciente a la Colección
Items similares por titulo, autores y/o materias.
Training or technical assistance? A field experiment to learn what works to increase managerial capital for female microentrepeneurs Valdivia, Martín (CAF; Caracas, 2011)This study evaluates the impacts of a business training program serving female microentrepreneurs in Lima that have previously benefited with the titling of their urban parcels. The intervention included personal development, ...
Sanguinetti, Pablo; Arreaza, Adriana; Rodríguez, Pedro; Álvarez, Fernando; Ortega, Daniel; Penfold, Michael (CAF; Bogotá, 2011-04)This publication also highlights the development of microfinance institutions (MFI) and their significant contribution towards bringing these services closer to large segments of the population and microenterprises in the ...
Álvarez, Fernando; Meléndez, Marcela (CAF; Caracas, 2010)This paper uses a dataset of a survey of Colombian micro firms from 2003 to 2007 in combination with data from publicly available sources about banking services supply at the municipality level, to assess the impact of the ...