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AuthorDiallo, Boubacar
AuthorAl-Titi, Omar
Available date2020-08-27T12:05:52Z
Publication Date2017
Publication NameJournal of Macroeconomics
ResourceScopus
ISSN1640704
URIhttp://dx.doi.org/10.1016/j.jmacro.2017.07.005
URIhttp://hdl.handle.net/10576/15842
AbstractWe theoretically and empirically investigate the effects of access to credit on local growth using a Schumpeterian growth model and assuming monopolistic competition between differentiated products of the banking system. We show that access to credit exerts a positive effect on local economic growth. To validate the theoretical prediction we use data on firms and bank branches from 18 emerging European economies. - 2017 Elsevier Inc.
Languageen
PublisherElsevier Ltd
SubjectAccess to credit
Eastern europe
Monopolistic competition
Schumpeterian growth
TitleLocal growth and access to credit: Theory and evidence
TypeArticle
Pagination410-423
Volume Number54
dc.accessType Abstract Only


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