How Prevalent Are Credit-Constrained Firms in the Formal Private Sector ? Evidence Using Global Surveys (English)

This study develops a measure of firm-level credit constraints by leveraging refinements in survey instruments for a widely used database. Using data on more than 65,000 firms across 109 economies, the study uncovers several insights. Around 30 percent of firms in the formal private sector are credit constrained. Firms that are credit-constrained tend to be smaller and negatively correlated with performance. The more developed the economy, the lower...

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Author

Islam,Asif Mohammed;

Rodriguez Meza,Jorge Luis;
Document Date
2023/06/26
Document Type
Policy Research Working Paper
Report Number
WPS10502
Volume No
1
Country
World,
Region
Other,
Disclosure Date
2023/06/26
Disclosure Status
Disclosed
Doc Name
How Prevalent Are Credit-Constrained Firms in the Formal Private Sector ? Evidence Using Global Surveys

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Citation

Islam,Asif Mohammed; Rodriguez Meza,Jorge Luis.

How Prevalent Are Credit-Constrained Firms in the Formal Private Sector ? Evidence Using Global Surveys (English). Policy Research working paper ; no. WPS 10502 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099344506262340821

How Prevalent Are Credit-Constrained Firms in the Formal Private Sector ? Evidence Using Global Surveys (English)

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