This paper examines whether privatizing state-owned banks improves finance and economic growth. To do so, we exploit … emerged as an important source of external finance for private firms and households. We document that the regional … growth after the emergence of bank finance. Results indicate that while privatized banking increased lending significantly …

Abstract: Using a survey dataset of Chinese rural households, we find that access to external finance is positively … associated with the decision to become entrepreneur, the initial investment for microenterprises and the use of external finance …. Also, we find that the use of informal finance is positively associated with sales growth of microenterprises with …

In this paper we investigate the role of financial development, or more widespread access to finance, in generating … analysis, confirm the Schumpeterian prediction which suggests that finance authorises the entrepreneur to invest in productive …