External Finance
Access to Versus Usage of External Finance by Micro Small and Medium Enterprises in the Kumasi Metropolis
... access external finance, the firms are divided into two based on their response to questions whether they have applied for external finance and whether they got it or ...need external ...
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Do productive firms get external finance? Evidence from Chinese listed manufacturing firms
... and finance under China's eco- nomic and financial ...more external finance to listed Chinese firms, which are likely to have relatively better quality than other non-listed firms and already have ...
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The External Finance Premium and the Financial Accelerator: The Case of Turkey
... the external finance premium, also reveals the prevention from the decrease in the demand for this ...the external finance premium affected the output in the balance sheet channel ...
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Comparative advantage, demand for external finance, and financial development
... Table 2 continued : External Finance Needs of Exports, Financial Development, and Trade Openness, Average 1995-1999 Share of Two Country EFNX Largest Export Sector Second Largest Export [r] ...
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Costly External Finance and Investment Efficiency in a Market Equilibrium Model
... of external finance, and the smaller is the marginal cost, the larger should be the average size of the firms operating in the given ...with external financing can include, for example, a part of the ...
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Determinants of access to external finance: evidence from Spanish firms
... to external finance is a key determinant of a firm’s ability to develop, operate and ...to external financing, both from bank and non- bank ...to external financing, whether from banks or ...
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Natural Resources, Demand for External Finance and Financial Development
... the external dependence of resource ...on external financing than others (Guriev, Plekhanov and Sonin 2009, Beck ...sectors’ finance need in different countries by comparing various measuring ...on ...
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A framework to improve access to external finance by Small and Medium Enterprise start-ups.
... to external finance has been identified as a hindrance to nurturing SMEs in South ...to external finance has also been highlighted as a major challenge limiting the survival and growth of ...
261
Evidence on the external finance premium from the US and emerging Asian corporate bond markets
... the external finance premium has been conducted on the margin be- tween internal finance and bank borrowing or equities but little attention has been given to corporate bonds especially for the ...
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The Effects of Real Exchange Rate, External Finance and Economic Integration on Employment and Trade
... and finance literature identifies three main reasons of exports’ reliance on external ...to finance these expenditures, exporters opt for external ...for external capital (Chor and ...
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Investment and External Finance: An Empirical Analysis
... In order to empirically asses the role of stock markets in financing investment, Morck et al. (1990) compare the R 2 of different regression models, providing ev- idence that the relationship between relative stock ...
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Costly External Finance, Reallocation, and Aggregate Productivity
... The high degree of nonlinearities in the solution makes it hard to match all moments exactly. Nevertheless the approximation appears reasonably close, as shown in Table 3. Note that the estimated value of α is 0.8993, ...
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The role of banks in the provision of external finance to developing countries, with particular reference to UK banks between 1970-1980.
... unconditional finance. Thus, for some countries with access to bank finance, there was no need to accept conditional Fund assistance which, in any case, was by itself grossly inadequate (Financial Times ...
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The external finance premium in the UK: a small open economy DSGE model with an empirical indirect inference assessment
... Despite the ample theoretical work based on the financial accelerator, more works are keen to evaluate the empirical relevance of the class of financial friction models. Among those, Christiano et al., (2003) presented a ...
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Some Thoughts on the External Finance Premium and the Cost of Internal Finance
... The existence of a non-zero cost differential between internal and external finance implies that these two types of finance are not perfect substitutes. This differential arises due to financial ...
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Access to External Finance by Micro Small and Medium Manufacturing Enterprises in Kumasi Metropolis: Evidence on the Impact of Financial Management Practices.
... Capital Budgeting is the process by which firms identify and prioritize profitable investment projects. Capital Budgeting is the process of planning capital investments, evaluating and selecting from a range of ...
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Real Estate, the External Finance Premium and Business Investment: A Quantitative Dynamic General Equilibrium Analysis
... the external fi nance premium ( ), which is computed as the prime bank lending rate minus the 3-month T-bill rate and expressed in percentage points, and the log of real nonresidential investment ( ), all of ...
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Policy initiatives and firms' access to external finance: Evidence from a panel of emerging Asian economies
... Much of the empirical investigation of firms’ external finance considers how exogenous shocks affect firms’ financing choices. Bris et al. (2014) show that non-financial firms from euro countries with previously weak ...
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Policy initiatives and firms' access to external finance: Evidence from a panel of emerging Asian economies
... The 1997–98 Asian …nancial crisis prompted policymakers in Asia and the Paci…c to initiate a series of reforms aimed at the development and strengthening of the regional bond markets. The most prominent initiative of ...
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Are innovating firms victims or perpetrators ? tax evasion, bribe payments, and the role of external finance in developing countries
... Firm Size dummies take values 1 to 3 for Small firms (1-19 employees), Medium firms (20-99 employees), and Large firms (>=100 employees).Family Owned dummy takes the value 1 if the l[r] ...
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