Credit demand in Mozambican manufacturing
Research output: Contribution to journal › Journal article › Research › peer-review
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Credit demand in Mozambican manufacturing. / Byiers, Bruce; Rand, John; Tarp, Finn; Bentzen, Jeanet.
In: Journal of International Development, Vol. 22, No. 1, 2010, p. 37-55.Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - Credit demand in Mozambican manufacturing
AU - Byiers, Bruce
AU - Rand, John
AU - Tarp, Finn
AU - Bentzen, Jeanet
N1 - JEL classification: O16, O55
PY - 2010
Y1 - 2010
N2 - This paper uses two industrial firm surveys to identify the key determinants of credit demand in Mozambican manufacturing. We construct five different measures of being credit constrained and estimate desired debt demand. Besides firm size and ownership structure, we find evidence that general manager education and business association membership are associated with whether a firm is credit constrained or not. Using our preferred measure of credit constraint suggests that around 43 per cent of the firms surveyed are constrained, and these enterprises would almost triple their debt burden if borrowing constraints were relaxed.
AB - This paper uses two industrial firm surveys to identify the key determinants of credit demand in Mozambican manufacturing. We construct five different measures of being credit constrained and estimate desired debt demand. Besides firm size and ownership structure, we find evidence that general manager education and business association membership are associated with whether a firm is credit constrained or not. Using our preferred measure of credit constraint suggests that around 43 per cent of the firms surveyed are constrained, and these enterprises would almost triple their debt burden if borrowing constraints were relaxed.
KW - Faculty of Social Sciences
KW - credit constraints
KW - credit demand
KW - manufacturing
KW - Mozambique
U2 - 10.1002/jid.1558
DO - 10.1002/jid.1558
M3 - Journal article
VL - 22
SP - 37
EP - 55
JO - Journal of International Development
JF - Journal of International Development
SN - 0954-1748
IS - 1
ER -
ID: 16836545