[go: up one dir, main page]
create a website
Relaxing credit constraints in emerging economies: the impact of public loans on the productivity of Brazilian manufacturers. (2017). Ottaviano, Gianmarco ; de Sousa, Filipe Lage.
In: LSE Research Online Documents on Economics.
RePEc:ehl:lserod:86923.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 44

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

  1. Aghion, P., Angeletos, G. M., Banerjee, A., and Manova, K. (2010) “Volatility and growth: Credit constraints and the composition of investment” Journal of Monetary Economics, Vol. 57(3), 246-265.

  2. Aldrighi, D. M. and Bisinha, R. (2010) “Restrição financeira em empresas com ações negociadas na Bovespa” Revista Brasileira de Economia, Vol. 64 (no. 1): pages 25-47.

  3. Almeida, H., Campello, M. and Weisbach, M.S. (2004) “The cash flow sensitivity of cash” The Journal of Finance, 59(4), 1777-1804.

  4. Ambrozio, A. H. P., Faleiros, J. P., Lage de Sousa, F. L. and Sant’Anna, A. (2017) “Credit Scarcity in Developing Countries: An Empirical Investigation Using Brazilian Firm-Level Data” EconomiA, 18(1), 73-87.

  5. Arnold, J. M., and Javorcik, B.S. (2009). “Gifted kids or pushy parents? Foreign direct investment and plant productivity in Indonesia.” Journal of International Economics, 79(1), 42-53.

  6. Arráiz, I., Meléndez, M. and Stucchi, R. (2014) “Partial credit guarantees and firm performance: evidence from Colombia” Small Business Economics, 43(3), 711-724.

  7. Bandeira-de-Mello, R., Lazzarini, S. G., Musacchio, A. and Marcon, R. (2015). “What Do State-Owned Development Banks Do? Evidence from BNDES, 2002–09.” World Development, 66, 237-253.

  8. Banerjee, A. V. and Duflo, E. (2005) “Growth Theory Through the Lens of Development Economics” Economics Handbook of Economic Growth, Vol. 1, Part A: pages 473-552.

  9. Banerjee, A. V. and Duflo, E. (2014) “Do firms want to borrow more? Testing credit constraints using a directed lending program” The Review of Economic Studies, 81(2), 572-607.

  10. Bonomo, M., Brito, R., & Martins, B. (2015) “Macroeconomic and Financial Consequences of the Post-Crisis Government-Driven Credit Expansion in Brazil” The Journal of International Money and Finance, 55, pp; 11-34 Bronzini, R. and De Blasio, G. (2006) “Evaluating the impact of investments incentives: The case of the Italian Law 488/1992” Journal of Urban Economics, Vol. 60 (no. 2): pages 327-349.

  11. Caliendo, M., and Kopeinig, S. (2008) “Some practical guidance for the implementation of propensity score matching” Journal of economic surveys, 22(1), 31-72.

  12. Caliendo, M., Mahlstedt, R., & Mitnik, O. A. (2014). “Unobservable, but Unimportant? The Influence of Personality Traits (and Other Usually Unobserved Variables) for the Evaluation of Labor Market Policies” IZA Discussion Paper, No. 8337, July.

  13. Carballo, J., Schaur, G., & Volpe Martincus, C. (2016) “Trust No One?: Security and International Trade” IADB Working Paper Series, No. 703, June.
    Paper not yet in RePEc: Add citation now

  14. Carpenter, R. and Guariglia, A. (2008) “Cash flow, investment, and investment opportunities: new tests using UK panel data” Journal of Banking and Finance, Vol. 32 (no. 9): pages 1894-1906.

  15. Carvalho, D. (2014) “The Real Effects of Government-Owned Banks: Evidence from an Emerging Market” The Journal of Finance, 69(2), 577-609.

  16. Castillo, V., Maffioli, A., Rojo, S. and Stucchi, R. (2014) “The effect of innovation policy on SMEs’ employment and wages in Argentina” Small Business Economics, 42(2), 387-406.
    Paper not yet in RePEc: Add citation now
  17. Coelho, D. and Lage de Sousa, F.L. (2010) “Os Efeitos dos Financiamentos do BNDES sobre o Desempenho das Empresas Industriais Brasileiras” in Estrutura Produtiva Avançada e Regionalmente Integrada: Desafios do Desenvolvimento Produtivo Brasileiro, Livro 5, Vol. 1, edited by De Negri, F. and Almeida, M., IPEA, Brasília.
    Paper not yet in RePEc: Add citation now

  18. Crespi, G., Maffioli A. and Rastelletti, R. (2014) “Investing in Ideas: Policies to Foster Innovation” in Rethinking Productive Development: Sound Policies and Institutions for Economic Transformation. Ed. Eduardo Fernandez Arias, Gustavo Crespi, Ernesto Stein. Washington, DC: Palgrave Macmillan.

  19. Criscuolo, C., Martin, R., Overman, H. G. and Van Reenen, J. (2016) “The causal effects of an industrial policy” CEP Discussion Paper No. 1113, London School of Economics and Political Science, London, UK.
    Paper not yet in RePEc: Add citation now

  20. De Bolle, M. (2015). “Do Public Development Banks Hurt Growth? Evidence from Brazil.” Peterson Institute for International Economics Policy Brief, Number PB15-16.

  21. Fazzari, S., Hubbard, R. and Petersen, B. (1988) “Financing constraints and corporate investments” Brookings Papers on Economic Activity (no. 1): pages 141–206.

  22. Gao, D., Guo, Y. and Jiang (2016) “Government-subsidized R&D and firm innovation:Evidence from China” Research Policy, 45, 1129–1144.
    Paper not yet in RePEc: Add citation now

  23. Grilliches, Z., Klette, T. J. and Moen, J. (2000). “Do subsidies to commercial R&D reduce market failures? Microeconometric evaluation studies” Research Policy, Vol. 29 (no. 4&5): pages 471-495.

  24. Guariglia, A. (2008) “Internal financial constraints, external financial constraints, and investment choice: evidence from a panel of UK firms” Journal of Banking and Finance, Vol. 32: pages 1795-1809.

  25. Guariglia, A., Liu, X. and Song, L. (2011) “Internal finance and growth: microeconometric evidence on Chinese firms” Journal of Development Economics, Vol. 96 (no. 1): pages 79-94.

  26. Hall, B. H. and Mohnen, P. (2013) “Innovation and productivity: an update” Eurasian Business Review, Vol. 3(1): 47-65.

  27. Hall, B.H. (2011) “Innovation and productivity” Nordic Economic Policy Review, Vol. 2: 167-204.

  28. Heckman, J. J., LaLonde R. J. and J.A. Smith (1999) “The Economics and Econometrics of Active Labor Market Programs.” in Handbook of Labor Economics edited by O. Ashenfelter, D. E. Card and D. Card, Elsevier. Vol. 3: pages 1865-2097.

  29. IADB (2013) “Annual Report 2013: The Year in Review” Washington, DC.
    Paper not yet in RePEc: Add citation now

  30. Kaplan, S. N. and Zingales, L. (1997) “Do investment-cash flow sensitivities provide useful measures of financing constraints?” Quarterly Journal of Economics, 169-215.

  31. Lage de Sousa, F. (2013) “How Can Development Banks Boost Firms’ Productivity?” in Development Evaluation in Times of Turbulence: Dealing with Crises that Endanger our Future edited by Ray Rist, Marie-Hélène Boily and Frederic Martin, World Bank, Washington DC.
    Paper not yet in RePEc: Add citation now

  32. Lage de Sousa, F. and Ottaviano, G. (2014) “Relaxing credit constraints in emerging economies: The impact of public loans on the performance of Brazilian manufacturers”, Centre for Economic Policy Research, Discussion Paper n.1309.

  33. Levinsohn, J., and Petrin, A. (2003) “Estimating production functions using inputs to control for unobservables” The Review of Economic Studies, Vol. 70(no. 2): pages 317341.

  34. Lopez-Cordova and Moreira (2003) “Regional Integration and Productivity: The Experiences of Brazil and Mexico” BID-Intal-ITD-STA Working Paper, No. 14, Washington, DC.

  35. Luna-Martinez, D. and Vicente, C. L. (2012) “Global survey of development banks” World Bank Policy Research Working Paper n.5969.
    Paper not yet in RePEc: Add citation now

  36. Manova, K. (2013) “Credit constraints, heterogeneous firms, and international trade” The Review of Economic Studies, 80(2), 711-744.

  37. McKenzie, D. (2010) “Impact Assessments in Finance and Private Sector Development: What have we learned and what should we learn?” The World Bank Research Observer, 25 (2): 209-233.

  38. Melitz, M. J. (2003) “The impact of trade on intra‐industry reallocations and aggregate industry productivity” Econometrica, 71(6), 1695-1725.

  39. Melitz, M. J. and Ottaviano, G. I. (2008) “Market size, trade, and productivity” The Review of Economic Studies, 75(1), 295-316.

  40. Olley, G. S., and A. Pakes (1996) “The dynamics of productivity in the telecommunications equipment industry.” Econometrica 64: 1263–1297 Ottaviano, G. and Lage de Sousa, F. (2008) “O efeito do BNDES na Produtividade das Empresas” in Políticas de Incentivo à Inovação Tecnológica edited by De Negri, J. and Kubota, L., IPEA, Brasília.
    Paper not yet in RePEc: Add citation now
  41. Reikard, G. (2011) “Total factor productivity and R&D in the production function” International Journal of Innovation and Technology Management, 8(04), 601-613.
    Paper not yet in RePEc: Add citation now
  42. Solow, R. M. (1957) “Technical change and the aggregate production function” Review of Economics and Statistics, 312-320.
    Paper not yet in RePEc: Add citation now

  43. Terra, M. C. (2003) “Credit constraints in Brazilian firms: evidence from panel data” Revista Brasileira de Economia, Vol. 57 (02), 443-464.

  44. World Bank (2013) “The World Bank Annual Report 2013” Washington, DC.

Cocites

Documents in RePEc which have cited the same bibliography

  1. Tax Reforms and Fiscal Shock Smoothing. (2019). Zdzienicka, Aleksandra ; Karnane, Pooja ; Jaramillo, Laura ; Amaglobeli, David.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2019/113.

    Full description at Econpapers || Download paper

  2. Inflation Anchoring and Growth: Evidence from Sectoral Data. (2018). Loungani, Prakash ; Furceri, Davide ; Choi, Sangyup.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2018/036.

    Full description at Econpapers || Download paper

  3. Financial development and long-run volatility trends. (2016). Xu, Zhiwei ; Wen, Yi ; Wang, Pengfei.
    In: Working Papers.
    RePEc:fip:fedlwp:2013-003.

    Full description at Econpapers || Download paper

  4. Financial Frictions and Foreign Direct Investment: Theory and Evidence from Japanese Microdata. (2015). Stähler, Frank ; Ryan, Michael ; Raff, Horst ; Stahler, Frank.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_5260.

    Full description at Econpapers || Download paper

  5. The impact of R&D subsidies during the crisis. (2014). Hussinger, Katrin ; Hud, Martin.
    In: ZEW Discussion Papers.
    RePEc:zbw:zewdip:14024.

    Full description at Econpapers || Download paper

  6. Micro-, Small- and Medium-Sized Enterprises with High-Growth Potential in the Southern Mediterranean: Identifying Obstacles and Policy Responses. (2014). Ayadi, Rym ; de Groen, Willem Pieter .
    In: CEPS Papers.
    RePEc:eps:cepswp:8796.

    Full description at Econpapers || Download paper

  7. Does financial development volatility affect industrial growth volatility?. (2014). Miller, Stephen ; Huang, Ho-Chuan ; Fang, WenShwo .
    In: International Review of Economics & Finance.
    RePEc:eee:reveco:v:29:y:2014:i:c:p:307-320.

    Full description at Econpapers || Download paper

  8. Cyclical fiscal policy, credit constraints, and industry growth. (2014). Kharroubi, Enisse ; Hemous, David ; Aghion, Philippe.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:62:y:2014:i:c:p:41-58.

    Full description at Econpapers || Download paper

  9. Is more finance better? Disentangling intermediation and size effects of financial systems. (2014). Degryse, Hans ; Beck, Thorsten ; Kneer, Christiane .
    In: Journal of Financial Stability.
    RePEc:eee:finsta:v:10:y:2014:i:c:p:50-64.

    Full description at Econpapers || Download paper

  10. Credit constraints, equity market liberalization, and growth rate asymmetry. (2014). Popov, Alexander.
    In: Journal of Development Economics.
    RePEc:eee:deveco:v:107:y:2014:i:c:p:202-214.

    Full description at Econpapers || Download paper

  11. Entrepreneurial Saving Practices and Reinvestment: Theory and Evidence from Tanzanian MSEs. (2014). Uras, Burak ; Pamuk, Haki ; Beck, Thorsten.
    In: CSAE Working Paper Series.
    RePEc:csa:wpaper:2014-15.

    Full description at Econpapers || Download paper

  12. When Arm’s Length Is Too Far. Relationship Banking over the Business Cycle. (2014). Van Horen, Neeltje ; De Haas, Ralph ; Degryse, Hans ; Beck, Thorsten.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:10050.

    Full description at Econpapers || Download paper

  13. Credit Constraints and Self-Fulfilling Business Cycles. (2014). Wang, Pengfei ; Liu, Zheng.
    In: American Economic Journal: Macroeconomics.
    RePEc:aea:aejmac:v:6:y:2014:i:1:p:32-69.

    Full description at Econpapers || Download paper

  14. The financial sector and economic growth in a panel of countries. (2013). Weitzel, Jan ; Grundler, Klaus.
    In: Discussion Paper Series.
    RePEc:zbw:wuewwb:123.

    Full description at Econpapers || Download paper

  15. Fiscal Policies and Credit Regimes: A TVAR Approach. (2013). Roventini, Andrea ; Fagiolo, Giorgio ; Ferraresi, Tommaso.
    In: Working Papers.
    RePEc:ver:wpaper:03/2013.

    Full description at Econpapers || Download paper

  16. Fiscal Policies and Credit Regimes: A TVAR Approach. (2013). Roventini, Andrea ; Fagiolo, Giorgio ; Ferraresi, Tommaso.
    In: LEM Papers Series.
    RePEc:ssa:lemwps:2013/03.

    Full description at Econpapers || Download paper

  17. Is informality a barrier to financial development?. (2013). Uras, Burak ; Elgin, Ceyhun.
    In: SERIEs: Journal of the Spanish Economic Association.
    RePEc:spr:series:v:4:y:2013:i:3:p:309-331.

    Full description at Econpapers || Download paper

  18. Productivity Growth and Volatility: How Important Are Wage and Price Rigidities?. (2013). Pelloni, Alessandra ; Annicchiarico, Barbara.
    In: Working Paper series.
    RePEc:rim:rimwps:02_13.

    Full description at Econpapers || Download paper

  19. Credit constraints, productivity shocks and consumption volatility in emerging economies.. (2013). Patnaik, Ila ; Bhattacharya, Rudrani.
    In: Working Papers.
    RePEc:npf:wpaper:13/121.

    Full description at Econpapers || Download paper

  20. Volatility and Growth: Governments are Key. (2013). Jetter, Michael.
    In: IZA Discussion Papers.
    RePEc:iza:izadps:dp7826.

    Full description at Econpapers || Download paper

  21. Fiscal policies and credit regimes: a tvar approach. (2013). Roventini, Andrea ; Fagiolo, Giorgio ; Ferraresi, Tommaso.
    In: Documents de Travail de l'OFCE.
    RePEc:fce:doctra:1302.

    Full description at Econpapers || Download paper

  22. Internal financial constraints and firm productivity in China: Do liquidity and export behavior make a difference?. (2013). Guariglia, Alessandra ; Chen, Minjia .
    In: Journal of Comparative Economics.
    RePEc:eee:jcecon:v:41:y:2013:i:4:p:1123-1140.

    Full description at Econpapers || Download paper

  23. Does trust favor macroeconomic stability?. (2013). Sangnier, Marc.
    In: Journal of Comparative Economics.
    RePEc:eee:jcecon:v:41:y:2013:i:3:p:653-668.

    Full description at Econpapers || Download paper

  24. Business cycles, bank credit and crises. (2013). Hauck, Achim ; Dietrich, Diemo ; Bucher, Monika.
    In: Economics Letters.
    RePEc:eee:ecolet:v:120:y:2013:i:2:p:229-231.

    Full description at Econpapers || Download paper

  25. Volatility and Growth: An Explanation for the Disagreement. (2013). Jetter, Michael.
    In: DOCUMENTOS DE TRABAJO CIEF.
    RePEc:col:000122:010944.

    Full description at Econpapers || Download paper

  26. House Prices Drive Current Accounts: Evidence From Property Tax Variations. (2013). Grjebine, Thomas ; Geerolf, François.
    In: Working Papers.
    RePEc:cii:cepidt:2013-18.

    Full description at Econpapers || Download paper

  27. Cyclical macroeconomic policy, financial regulation and economic growth. (2013). Kharroubi, Enisse ; Aghion, Philippe.
    In: BIS Working Papers.
    RePEc:bis:biswps:434.

    Full description at Econpapers || Download paper

  28. Fiscal multipliers over the growth cycle : evidence from Malaysia. (2012). Zeufack, Albert ; Rafiq, Sohrab .
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:5982.

    Full description at Econpapers || Download paper

  29. Banking Market Structure, Liquidity Needs, and Industrial Growth Volatility. (2012). Miller, Stephen ; Huang, Ho-Chuan ; Fang, WenShwo.
    In: Working papers.
    RePEc:uct:uconnp:2012-26.

    Full description at Econpapers || Download paper

  30. Liquidity, Innovation and Growth. (2012). Shi, Shouyong ; Rojas Breu, Mariana ; Berentsen, Aleksander.
    In: Working Papers.
    RePEc:tor:tecipa:tecipa-467.

    Full description at Econpapers || Download paper

  31. Collateral Requirements: Macroeconomic Fluctuations and Macro-Prudential Policy. (2012). Mendicino, Caterina.
    In: Working Papers.
    RePEc:ptu:wpaper:w201211.

    Full description at Econpapers || Download paper

  32. Banking Market Structure, Liquidity Needs, and Industrial Growth Volatility. (2012). Miller, Stephen ; Huang, Ho-Chuan.
    In: Working Papers.
    RePEc:nlv:wpaper:1206.

    Full description at Econpapers || Download paper

  33. Inefficient Investment Waves. (2012). Kondor, Péter ; He, Zhiguo.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:18217.

    Full description at Econpapers || Download paper

  34. Banking industry volatility and growth. (2012). Huang, Ho-Chuan ; Lin, Pei-Chien .
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:34:y:2012:i:4:p:1007-1019.

    Full description at Econpapers || Download paper

  35. How national and international financial development affect industrial R&D. (2012). Neumann, Rebecca ; Maskus, Keith ; KeithE. Maskus, ; Seidel, Tobias.
    In: European Economic Review.
    RePEc:eee:eecrev:v:56:y:2012:i:1:p:72-83.

    Full description at Econpapers || Download paper

  36. Is Informality a Barrier to Financial Development?. (2012). Uras, Burak ; Elgin, Ceyhun.
    In: Working Papers.
    RePEc:bou:wpaper:2012/12.

    Full description at Econpapers || Download paper

  37. Public Debt, Sovereign Default Risk and Shadow Economy. (2012). Uras, Burak ; Elgin, Ceyhun.
    In: Working Papers.
    RePEc:bou:wpaper:2012/10.

    Full description at Econpapers || Download paper

  38. Reassessing the impact of finance on growth. (2012). Kharroubi, Enisse ; Cecchetti, Stephen.
    In: BIS Working Papers.
    RePEc:bis:biswps:381.

    Full description at Econpapers || Download paper

  39. Business cycles and investment in intangibles: evidence from Spanish firms. (2012). Moral-Benito, Enrique ; Lopez-Garcia, Paloma ; Montero, Jose Manuel.
    In: Working Papers.
    RePEc:bde:wpaper:1219.

    Full description at Econpapers || Download paper

  40. Macroeconomic Adjustment under Loose Financing Conditions in the Construction Sector. (2012). Arce, Oscar.
    In: Working Papers.
    RePEc:bbv:wpaper:1226.

    Full description at Econpapers || Download paper

  41. Does Trust Favor Macroeconomic Stability?. (2012). Sangnier, Marc.
    In: AMSE Working Papers.
    RePEc:aim:wpaimx:1227.

    Full description at Econpapers || Download paper

  42. Productivity growth and volatility: How important are wage and price rigidities?. (2011). Pelloni, Alessandra ; Annicchiarico, Barbara ; Barbara, Annicchiarico ; Alessandra, Pelloni .
    In: wp.comunite.
    RePEc:ter:wpaper:0089.

    Full description at Econpapers || Download paper

  43. Productivity Growth and Volatility: How Important are Wage and Price Rigidities?. (2011). Pelloni, Alessandra ; Annicchiarico, Barbara.
    In: CEIS Research Paper.
    RePEc:rtv:ceisrp:211.

    Full description at Econpapers || Download paper

  44. Has India emerged? Business cycle facts from a transitioning economy.. (2011). Pandey, Radhika ; Ghate, Chetan ; Patnaik, Ila.
    In: Working Papers.
    RePEc:npf:wpaper:11/88.

    Full description at Econpapers || Download paper

  45. On the link between volatility and growth. (2011). Wälde, Klaus ; Posch, Olaf ; Walde, Klaus.
    In: Journal of Economic Growth.
    RePEc:kap:jecgro:v:16:y:2011:i:4:p:285-308.

    Full description at Econpapers || Download paper

  46. R&D in boom and boost : evidence from the World Bank Financial Crisis Survey. (2011). Merikull, Jaanika ; Mannasoo, Kadri.
    In: Bank of Estonia Working Papers.
    RePEc:eea:boewps:wp2011-07.

    Full description at Econpapers || Download paper

  47. Output growth and fluctuation: the role of financial openness. (2011). Popov, Alexander.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20111368.

    Full description at Econpapers || Download paper

  48. Endogenous Growth, Monetary Shocks and Nominal Rigidities. (2010). rossi, lorenza ; Pelloni, Alessandra ; Annicchiarico, Barbara.
    In: MPRA Paper.
    RePEc:pra:mprapa:25647.

    Full description at Econpapers || Download paper

  49. Endogenous Growth, Monetary Shocks and Nominal Rigidities. (2010). rossi, lorenza ; Pelloni, Alessandra ; Annicchiarico, Barbara.
    In: Quaderni di Dipartimento.
    RePEc:pav:wpaper:120.

    Full description at Econpapers || Download paper

  50. Schumpeter meeting Keynes: A policy-friendly model of endogenous growth and business cycles. (2010). Roventini, Andrea ; Fagiolo, Giorgio ; Dosi, Giovanni.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:34:y:2010:i:9:p:1748-1767.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2024-12-22 06:05:35 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.