Using multi-year, firm-level surveys for 53 countries, this paper explores the impact of bank competition on firms’ access to finance. The authors find that low competition, as measured by high values on the Lerner index or Boone indicator, diminishes firms’ access to finance. In addition, the impact of competition on access to finance depends on the quality and scope of credit information sharing mechanisms, and better credit information mitigates...
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2014/08/11
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Artigo de revista
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112431
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1
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1
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2017/03/02
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Disclosed
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How bank competition affects firms access to finance
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bank competition
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