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AuthorBen Ali, Mohamed Sami
AuthorSiddy Diallo, Boubacar
Available date2023-01-22T08:12:40Z
Publication Date2022
Publication NameMiddle East Development Journal
ResourceScopus
URIhttp://dx.doi.org/10.1080/17938120.2022.2074672
URIhttp://hdl.handle.net/10576/38663
AbstractThis study aims to assess whether or not the presence of credit bureaus is associated with more or fewer financing constraints while considering the interfering effect of corruption in a sample of 18 countries in Eastern Europe and the Middle East and North Africa (MENA) region during the period 2011-2014. We consider various financial constraint measures and corruption indices, and assess the stability of the relationship for different levels of economic development and corruption. The estimation outcomes suggest that countries with higher levels of corruption might produce less transparent and falsified information that would make access to sources of financing more difficult for firms. Our findings suggest that curbing corruption creates more efficient credit bureaus that, in turn, decrease financial constraints for firms. The subsample estimations confirm these findings and show that the higher and longer-term corruption in MENA countries than in Eastern European countries make credit bureaus' less effective, imposing more financial constraints. Our findings remain robust with different corruption indices and with the addition of new control variables such as firms' sales and size, government and exporting firms, and per-capita GDP, inflation, trade, population and human capital. 2022 Economic Research Forum.
Languageen
PublisherRoutledge
SubjectCorruption
credit bureau
D73
E51
E59
EU
financial constraint
G01
H12
MENA
TitleCredit bureaus and financial constraints do corruption matter?
TypeArticle
Pagination118-132
Issue Number1
Volume Number14
dc.accessType Open Access


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