Search Results - subject:": Financial constraints"

Relationship banking and SMEs: a theoretical analysis

Baas, Timo; Schrooten, Mechthild - Institute of Economic Research, Hitotsubashi University - 2005

Persistent link: https://www.econbiz.de/10008500371

Financial constraints on new firms: looking for regional disparities

Bonnet, Jean; Cieply, Sylvie; Dejardin, Marcus - In: Brussels Economic Review 48 (2005) 3, pp. 217-246

Financial constraints affecting new firms are some of the factors most cited for impeding entrepreneurial dynamics from … flourishing. This article introduces the problem of regional patterns of financial constraints. The research is conducted with … financial constraints are not reported. The point is of importance as the firm financing conditions are considered. First, an …

Persistent link: https://www.econbiz.de/10005227910

Speculative and Entrepreneurial Behaviour: A Study of Micro-Economic Sustainability in Argentina During the 1990s

Arza, Valeria; Español, Paula - Science and Technology Policy Research (SPRU), School … - 2005

Argentina during the 1990s. Inspired by Keynes and Minsky, we estimate an investment model that accounts for financial … constraints using panel data for Argentina during the 1990s. The main conclusion of the study is that there was an increase in …

Persistent link: https://www.econbiz.de/10005247984

Panel Smooth Transition Regression Models

González, Andrés; Teräsvirta, Timo; van Dijk, Dick - Economics Institute for Research (SIR), … - 2005

to describe firms’ investment decisions in the presence of capital market imperfections. Keywords: financial constraints …

Persistent link: https://www.econbiz.de/10005190833

Panel Smooth Transition Regression Models

Gonzalez, Andres; Terasvirta, Timo; Dijk, Dick van - Finance Discipline Group, Business School - 2005

We develop a non-dynamic panel smooth transition regression model with fixed individual effects. The model is useful for describing heterogenous panels, with regression coefficients that vary across individuals and over time. Heterogeneity is allowed for by assuming that these coefficients are...

Persistent link: https://www.econbiz.de/10005112870

FIRM SIZE DISTRIBUTION: DO FINANCIAL CONSTRAINTS EXPLAIN IT ALL? EVIDENCE FROM SURVEY DATA

Angelini, Paolo; Generale, Andrea - Banca d'Italia - 2005

We address the question in the title using survey-based measures of financial constraints, as opposed to the proxies … suggests that financial constraints are a relatively more serious problem in developing countries. We conclude that financial … subsample comprising very young firms. These results are broadly confirmed using several non survey-based proxies of financial …

Persistent link: https://www.econbiz.de/10005113661

Women's access to SME finance in Australia

van Hulten, Andrew - In: International Journal of Gender and Entrepreneurship 4 (2012) 3, pp. 266-288

Purpose – The purpose of this paper is to test whether Australian female and male entrepreneurs differ in their growth aspirations and demand for finance; denial, discouragement and financial constraint rates; and sources of finance. Design/methodology/approach – This paper applies logistic...

Persistent link: https://www.econbiz.de/10014774215

How Trade Credits Foster International Trade

Eck, Katharina; Engemann, Martina; Schnitzer, Monika - C.E.P.R. Discussion Papers - 2012

. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial … constraints arising from asymmetric information because they serve as a quality signal and reduce the uncertainty related to …

Persistent link: https://www.econbiz.de/10011083260

Trade liberalization and credit constraints: Why opening up may fail to promote convergence

Peters, Katrin; Schnitzer, Monika - C.E.P.R. Discussion Papers - 2012

Recent evidence suggests that despite opening up a country for trade, the productivity gap between developed and emerging economies often does not close. This paper examines credit constraints as one channel held responsible for hampering convergence. Specifically, we extend a Melitz and...

Persistent link: https://www.econbiz.de/10011084499

International trade and domestic distortions

Gaffard, Jean-Luc; Saraceno, Francesco - In: Journal of Evolutionary Economics 22 (2012) 2, pp. 275-301

Persistent link: https://www.econbiz.de/10010849044