Firm Size and Credit in Argentina

The goal of this paper is to study the link between bank credit (and internal funding) and average firm size in Argentina. Besides the fact that economic growth tends to go hand in hand with larger firm size, the topic is of particular interest because of the severe credit crunch in Argentina in the...

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Detalles Bibliográficos
Autores principales: Auguste, Sebastián, Bebczuk, Ricardo Néstor, Sánchez, Gabriel
Formato: Articulo Documento de trabajo
Lenguaje:Inglés
Publicado: 2013
Materias:
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/129265
http://hdl.handle.net/10419/89081
Aporte de:
id I19-R120-10915-129265
record_format dspace
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
Credit
Firm size
Argentina
spellingShingle Ciencias Económicas
Credit
Firm size
Argentina
Auguste, Sebastián
Bebczuk, Ricardo Néstor
Sánchez, Gabriel
Firm Size and Credit in Argentina
topic_facet Ciencias Económicas
Credit
Firm size
Argentina
description The goal of this paper is to study the link between bank credit (and internal funding) and average firm size in Argentina. Besides the fact that economic growth tends to go hand in hand with larger firm size, the topic is of particular interest because of the severe credit crunch in Argentina in the aftermath of the 2001-2002 financial crisis. To this end, a novel three-digit industry-level dataset spanning the 2000-2010 period was constructed. The results confirm the expected positive impact of credit supply on average firm size. Furthermore, the study expands on common knowledge by testing the sensitivity of firm size to internal funding and the differential financing behavior of the primary and the manufacturing sector. The results do not seem to be driven by endogeneity bias.
format Articulo
Documento de trabajo
author Auguste, Sebastián
Bebczuk, Ricardo Néstor
Sánchez, Gabriel
author_facet Auguste, Sebastián
Bebczuk, Ricardo Néstor
Sánchez, Gabriel
author_sort Auguste, Sebastián
title Firm Size and Credit in Argentina
title_short Firm Size and Credit in Argentina
title_full Firm Size and Credit in Argentina
title_fullStr Firm Size and Credit in Argentina
title_full_unstemmed Firm Size and Credit in Argentina
title_sort firm size and credit in argentina
publishDate 2013
url http://sedici.unlp.edu.ar/handle/10915/129265
http://hdl.handle.net/10419/89081
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