Efficiency of Trade Credit Finance in China
Efficiency of Trade Credit Finance in China
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Publisher
London: Palgrave Macmillan UK
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Language
English
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Publisher
London: Palgrave Macmillan UK
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Scope and Contents
Contents
Using 1999–2006 firm-level microdata for rural firms in China, we investigate the efficiency of financial intermediation through trade credit. We find statistical evidence that financial intermediation through trade credit is more efficient than bank finance. Although trade credit can be viewed as encouraging the survival and growth of prospective...
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Full title
Efficiency of Trade Credit Finance in China
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TN_cdi_proquest_miscellaneous_1324954373
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_1324954373
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ISSN
0888-7233
E-ISSN
1478-3320
DOI
10.1057/ces.2011.30