000001298 001__ 1298
000001298 005__ 20250211155809.0
000001298 0247_ $$a10.34989/swp-2003-37$$2DOI
000001298 035__ $$a10.34989/swp-2003-37
000001298 041__ $$aeng
000001298 084__ $$aG Financial Economics$$03122
000001298 084__ $$aG0 General$$03123
000001298 084__ $$aG00 General$$03124
000001298 084__ $$aO Economic Development, Innovation, Technological Change, and Growth$$o3568
000001298 084__ $$aO1 Economic Development$$o3569
000001298 084__ $$aO16 Financial Markets; Saving and Capital Investment; Corporate Finance and Governance$$o3576
000001298 245__ $$aFinancial Constraints and Investment: Assessing the Impact of a World Bank Loan Program on Small and Medium-Sized Enterprises in Sri Lanka
000001298 260__ $$bBank of Canada
000001298 269__ $$a2003
000001298 300__ $$a1 online resource (vi, 47 pages)
000001298 336__ $$aText
000001298 347__ $$bPDF
000001298 520__ $$aThe authors examine the investment behaviour of a sample of small, credit-constrained firms in Sri Lanka. Using a unique panel-data set, they analyze and compare the activities of two groups of small firms distinguished by their different access to financing; one group consists of firms with heavily subsidized loans from the World Bank, and the other consists of firms without such subsidies. The use of program-evaluation techniques reveals that the relaxation of financing constraints did not affect economic efficiency for the group of firms that received subsidized capital.$$7Abstract
000001298 520__ $$aLes auteurs examinent le comportement de l'investissement d'un échantillon de petites entreprises sri lankaises ayant un accès limité au crédit. À partir d'un ensemble unique de données longitudinales, ils analysent et comparent les activités de deux groupes de petites entreprises qui se distinguent par leur capacité d'accès au crédit. Le premier groupe se compose d'entreprises disposant de prêts subventionnés largement par la Banque mondiale, tandis que le second réunit des entreprises qui ne bénéficient pas de cette forme de subvention. Les méthodes employées pour évaluer le programme de prêt montrent que le relâchement des contraintes financières n'a pas eu d'incidence sur l'efficience économique du groupe d'entreprises bénéficiaires d'un financement subventionné.$$7Résumé
000001298 540__ $$aCreative Commons Attribution 4.0 International$$uhttps://creativecommons.org/licenses/by/4.0/legalcode$$fCC-BY-4.0
000001298 6531_ $$aDevelopment economics
000001298 6531_ $$aÉconomie du développement
000001298 7001_ $$aAivazian, Varouj
000001298 7001_ $$aMazumdar, Dipak
000001298 7001_ $$aSantor, Eric
000001298 789__ $$w1192-5434$$2ISSN$$eIsPartOf
000001298 791__ $$aJournalArticle$$eIsPreviousVersionOf$$iStaff Working Paper is published in peer-reviewed journal$$2DOI$$tFinancial constraints and investment: assessing the impact of a World Bank credit program on small and medium enterprises in Sri Lanka$$w10.1111/j.1540-5982.2008.00471.x$$c2008$$dCanadian Journal of Economics$$j41$$k2$$o475$$q500
000001298 8301_ $$aStaff Working Paper
000001298 8301_ $$aDocument de travail du personnel
000001298 8564_ $$uhttps://www.oar-rao.bank-banque-canada.ca/record/1298/files/wp03-37.pdf$$9eadde295-6968-46d5-b983-2c9761f468f6$$s528922$$zFile Source: Bank of Canada website, 2024
000001298 909CO $$ooai:www.oar-rao.bank-banque-canada.ca:1298$$pbibliographic
000001298 980__ $$aStaff Research
000001298 980__ $$aRDM
000001298 991__ $$aPublic