What hinders and what enhances small enterprises' access to formal credit in India?

被引：7
|
作者：
Nikaido, Yuko [1 ]
Pais, Jesim [2 ]
Sarma, Mandira [3 ]
机构：
[1] Musashi Univ, Tokyo, Japan
[2] Inst Studies Ind Dev, New Delhi, India
[3] Jawaharlal Nehru Univ, New Delhi 110067, India
来源：
REVIEW OF DEVELOPMENT FINANCE | 2015年 / 5卷 / 01期
关键词：
Small enterprises; Credit constraints; Priority sector lending; Sample selection model;
D O I：
暂无
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
We investigate enterprise level factors affecting access to formal credit for small enterprises in India by employing a probit sample selection model. Our results indicate that enterprise size, owners' education level, being registered under an agency and being involved in diversified activities are positively associated with access to formal credit. However, the ownership of land that can be used as collateral is negatively associated with the likelihood of receiving formal credit. This may be due to an obsolete land administration system resulting in high transaction costs of land as collateral. These results provide some insights into the factors to improve credit constraints for small enterprises in India. (C) 2015 Africagrowth Institute. Production and hosting by Elsevier B.V. All rights reserved.
引用
收藏
页码：43 / 52
页数：10
相关论文
共 50 条
  • [21] Access to Finance: Challenges Faced by Micro, Small, and Medium Enterprises in India
    Rajamani, K.
    Jan, N. Akbar
    Subramani, A. K.
    Raj, A. Nirmal
    [J]. INZINERINE EKONOMIKA-ENGINEERING ECONOMICS, 2022, 33 (01): : 73 - 85
  • [22] Strengthening Formal Credit Access and Performance through Financial Literacy and Credit Terms in Micro, Small and Medium Businesses
    Widyastuti, Maria
    Ferdinand, Deograsias Yoseph Yustinianus
    Hermanto, Yustinus Budi
    [J]. JOURNAL OF RISK AND FINANCIAL MANAGEMENT, 2023, 16 (01)
  • [23] WHAT DOES THE FUTURE HOLD FOR SMALL AND MEDIUM BUSINESS ENTERPRISES
    MONSAN, P
    [J]. BIOFUTUR, 1991, (100) : 83 - 84
  • [24] What ails primary credit cooperatives in India?: A atate level analysis
    Misra B.S.
    [J]. Comparative Economic Studies, 2009, 51 (3) : 384 - 400
  • [25] Access to credit and investment decisions of small- and medium-sized enterprises in China
    Regis, Paulo Jose
    [J]. REVIEW OF DEVELOPMENT ECONOMICS, 2018, 22 (02) : 766 - 786
  • [26] Does the owner's caste affect access to credit for enterprises in India's unorganized sector?
    Kadam, Ashay
    Singh, Prakash
    Chatterjee, Jayati
    [J]. APPLIED ECONOMICS LETTERS, 2024, 31 (14) : 1310 - 1315
  • [27] To what extent is researchers' data-sharing motivated by formal mechanisms of recognition and credit?
    Dorta-Gonzalez, Pablo
    Gonzalez-Betancor, Sara M.
    Isabel Dorta-Gonzalez, Maria
    [J]. SCIENTOMETRICS, 2021, 126 (03) : 2209 - 2225
  • [28] To what extent is researchers' data-sharing motivated by formal mechanisms of recognition and credit?
    Pablo Dorta-González
    Sara M. González-Betancor
    María Isabel Dorta-González
    [J]. Scientometrics, 2021, 126 : 2209 - 2225
  • [29] What Storage Access Privacy is Achievable with Small Overhead?
    Patel, Sarvar
    Persiano, Giuseppe
    Yeo, Kevin
    [J]. PROCEEDINGS OF THE 38TH ACM SIGMOD-SIGACT-SIGAI SYMPOSIUM ON PRINCIPLES OF DATABASE SYSTEMS (PODS '19), 2019, : 182 - 199
  • [30] 'Availability' and/or 'Affordability':What matters in household energy access in India?
    Sankhyayan, Pooja
    Dasgupta, Shyamasree
    [J]. ENERGY POLICY, 2019, 131 : 131 - 143
12345