Trade Credit, Financial Intermediary Development, and Industry Growth

Trade Credit, Financial Intermediary Development, and Industry Growth

Recent empirical work has shown that financial development is important for economic growth, since well-developed financial markets are more effective at allocating capital to firms with high-value projects. This raises the question of whether firm...

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Bibliographic Details
Main Authors: Fisman, Raymond, Love, Inessa
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
ACCOUNTING
ACCOUNTING STANDARDS
ADVERSE SELECTION
ASSETS
ASYMMETRIC INFORMATION
BANK LENDING
BANKING RELATIONSHIPS
BORROWING
CAPITAL EXPENDITURES
CAPITAL MARKETS
CAPITALIZATION
CASH FLOW
COAL
COMPARATIVE ADVANTAGE
CONTRACT ENFORCEMENT
CREDIT
CREDIT MARKETS
CREDIT RATIONING
CREDIT WORTHINESS
CREDITOR
DEBT
DEMAND ELASTICITY
DEPOSITS
DEVELOPED COUNTRIES
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC HISTORY
ECONOMIC PERFORMANCE
ECONOMICS
ECONOMICS LITERATURE
ELASTICITY
EQUITY MARKETS
EXPENDITURES
FINANCIAL INSTITUTIONS
FINANCIAL INTERMEDIARIES
FINANCIAL INTERMEDIARY DEVELOPMENT
FINANCIAL INTERMEDIATION
FINANCIAL LIBERALIZATION
FINANCIAL MANAGEMENT
FINANCIAL MARKETS
FINANCIAL SECTOR
FIXED COSTS
GDP
GDP PER CAPITA
GROWTH RATE
INDUSTRIALIZATION
INFORMATION ACQUISITION
INVENTORIES
INVENTORY
LIQUIDATION
MARKET POWER
MONETARY AUTHORITIES
PER CAPITA INCOME
PRICE DISCRIMINATION
QUALITY
RESOURCE ALLOCATION
STOCK MARKETS
STOCKS
SUNK COSTS
TRANSACTION COSTS
VALUE ADDED
WEALTH INTERNATIONAL TRADE
CREDIT INTERMEDIARIES
TRADE DEVELOPMENT
FINANCIAL INTERMEDIARY ROLE
INDUSTRY FINANCE
GROWTH PATTERNS
CAPITAL FLOW
FUNDING CAPACITY
CREDIT GUARANTEES
WEALTH
INTERNATIONAL TRADE
Online Access:http://hdl.handle.net/10986/19512

Internet

http://hdl.handle.net/10986/19512

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