We examine two key questions in this paper: does access to finance have an association with firm level productivity? And does the fiscal environment have an effect on the relation between access to finance and firm productivity? Our answers are that restrictions to access to finance leads to...

The Purpose of this study is to investigate the determinants of financing preference of Micro and Small Enterprises whilst distinguishing a broader range of financing sources beyond what is typically the case within the corporate finance literature. Under the framework of ordinal logistic...