Credit rationing and investment behavior in a developing country.

Research output: Contribution to journalArticle

47 Citations (Scopus)

Abstract

Models of investment behavior are simultaneously fit to 2 groups of Colombian manufacturing firms, each chosen to differ in terms of its degree of access to formal credit markets. The analysis is designed to indicate whether Colombian financial market fragmentation significantly distorts investment patterns, and if so, whether the problem is severe enough that self-finance is the only means by which many firms can expand. -from Author

Original languageEnglish (US)
Pages (from-to)598-607
Number of pages10
JournalReview of Economics & Statistics
Volume65
Issue number4
DOIs
StatePublished - Jan 1 1983

Fingerprint

investment behavior
rationing
credit
developing country
firm
credit market
financial market
fragmentation
manufacturing
finance
Group
Finance
Investment behavior
Manufacturing firms
Credit markets
Developing countries
Fragmentation
Financial markets
Credit rationing

All Science Journal Classification (ASJC) codes

  • Social Sciences (miscellaneous)
  • Economics and Econometrics

Cite this

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title = "Credit rationing and investment behavior in a developing country.",
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Credit rationing and investment behavior in a developing country. / Tybout, James.

In: Review of Economics & Statistics, Vol. 65, No. 4, 01.01.1983, p. 598-607.

Research output: Contribution to journalArticle

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