Informal finance: a boon or bane for African SMEs?

O Mpofu, AB Sibindi - Journal of Risk and Financial Management, 2022 - mdpi.com
The aim of this study was to ascertain what can be done by the informal finance sector to
close the credit gap in order to improve access to finance by SMEs. SMEs are the backbone …

On the nexus of financial development, economic growth, and energy consumption in China: New perspective from a GMM panel VAR approach

Y Ouyang, P Li - Energy economics, 2018 - Elsevier
This paper studies the endogenous relationships among financial development, energy
consumption, and economic growth in China by applying a GMM panel VAR approach with …

The role of SMEs in rural development: Access of SMEs to finance as a mediator

F Manzoor, L Wei, N Sahito - Plos one, 2021 - journals.plos.org
Small and Medium Enterprises (SMEs) are considered as the fundamental tool for economic
growth, nevertheless, they face continuous financing challenges. SMEs are a major source …

Financial development and economic growth: Recent evidence from China

J Zhang, L Wang, S Wang - Journal of Comparative Economics, 2012 - Elsevier
Using data from 286 Chinese cities over the period 2001–2006, this paper investigates the
relationship between financial development and economic growth at the city level in China …

Formal versus informal finance: Evidence from China

M Ayyagari, A Demirgüç-Kunt… - The Review of …, 2010 - academic.oup.com
The fast growth of Chinese private sector firms is taken as evidence that informal finance can
facilitate firm growth better than formal banks in developing countries. We examine firm …

Does banking competition alleviate or worsen credit constraints faced by small-and medium-sized enterprises? Evidence from China

TTL Chong, L Lu, S Ongena - Journal of Banking & Finance, 2013 - Elsevier
Banking competition may enhance or hinder the financing of small and medium-sized
enterprises. Using a survey on the financing of such enterprises in China, combined with …

Internal finance and growth: Microeconometric evidence on Chinese firms

A Guariglia, X Liu, L Song - Journal of Development economics, 2011 - Elsevier
Using a panel of 79,841 Chinese firms over the period 2000–2007, we examine the extent to
which liquidity constraints affect firms' assets growth. We find that state owned enterprises …

[图书][B] Microeconometrics of banking: methods, applications, and results

H Degryse, M Kim, S Ongena - 2009 - books.google.com
This book provides a compendium to the empirical work investigating the hypotheses
generated by recent banking theory. Such a compendium is overdue. Since the publication …

Formal and informal financing decisions of small businesses

B Nguyen, NP Canh - Small Business Economics, 2021 - Springer
This study investigates small businesses' financing decisions. Drawing upon asymmetric
information theory, institutional theory and relevant literature on cognitive financial …

Financial innovation, stock market development, and economic growth: An application of ARDL model

M Qamruzzaman, J Wei - International Journal of Financial Studies, 2018 - mdpi.com
This study aims to explore the relationship between economic growth, financial innovation,
and stock market development of Bangladesh for the period 1980–2016. To investigate long …