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Informality and bank credit : evidence from firm-level data / / Era Dabla-Norris and Junko Koeda



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Autore: Dabla-Norris Era Visualizza persona
Titolo: Informality and bank credit : evidence from firm-level data / / Era Dabla-Norris and Junko Koeda Visualizza cluster
Pubblicazione: [Washington, District of Columbia] : , : International Monetary Fund, , 2008
©2008
Descrizione fisica: 1 online resource (39 p.)
Disciplina: 332.1753
Soggetto topico: Bank loans - Econometric models
Informal sector (Economics) - Econometric models
Business enterprises - Finance - Econometric models
Soggetto genere / forma: Electronic books.
Altri autori: KoedaJunko  
Note generali: Description based upon print version of record.
Nota di bibliografia: Includes bibliographical references.
Nota di contenuto: Contents; I. Introduction; II. Analytical Framework; III. Empirical Strategy and Results; A. Empirical Model; B. Data and Summary Statistics; C. Empirical Results; D. Robustness Tests; IV. Conclusions; Tables; 1. Summary Statistics; 2. Correlation Matrix; 3. Baseline Regression; 4. Access to Credit and Informality: Impact of Business Environment; 5. Informality, Access to Credit, and Business Environment: Interaction Effects; 6. Access to Credit and Informality: Impact of Institutional Development; 7. Informality, Access to Credit, and Business Environment: Interaction Effects
8. Extended Regressions: Firm Transparency and Performance9. Interaction Regressions: Informality, Firm Transparency, and Firm Performance; 10. Instrumental Variables Regression; Appendices; I. Solving the Model; II. Countries in the Sample; III. Variables and Sources; References
Sommario/riassunto: The paper relies on a firm-level data on transition economies to examine the relationship between informality and bank credit. We find evidence that informality is robustly and significantly associated with lower access to and use of bank credit. We also find that higher tax compliance costs reduce firms' reliance on bank credit, while a stronger quality of the legal environment is associated with higher access to credit even for financially opaque informal firms. An interactive term between a country-wide measure of tax compliance costs and the level of informal activity is negative and signi
Titolo autorizzato: Informality and bank credit  Visualizza cluster
ISBN: 1-4623-6892-1
1-4527-1680-3
1-282-84049-5
1-4518-6955-X
9786612840494
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910464019003321
Lo trovi qui: Univ. Federico II
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Serie: IMF Working Papers