@article{Medium-Sized:1298,
      recid = {1298},
      author = {Aivazian, Varouj and Mazumdar, Dipak and Santor, Eric},
      title = {Financial Constraints and Investment: Assessing the Impact  of a World Bank Loan Program on Small and Medium-Sized  Enterprises in Sri Lanka},
      publisher = {Bank of Canada},
      address = {2003},
      pages = {1 online resource (vi, 47 pages)},
      abstract = {The authors examine the investment behaviour of a sample  of small, credit-constrained firms in Sri Lanka. Using a  unique panel-data set, they analyze and compare the  activities of two groups of small firms distinguished by  their different access to financing; one group consists of  firms with heavily subsidized loans from the World Bank,  and the other consists of firms without such subsidies. The  use of program-evaluation techniques reveals that the  relaxation of financing constraints did not affect economic  efficiency for the group of firms that received subsidized  capital.},
      url = {http://www.oar-rao.bank-banque-canada.ca/record/1298},
      doi = {https://doi.org/10.34989/swp-2003-37},
}