摘要
笔者利用世界银行投资环境调查的数据,实证分析了中小企业有信贷需求但对申请贷款望而却步的原因。实证结果表明:规模更大、盈利性更好、成长更快的企业不太可能出现对申请贷款望而却步的情况;银企关系是影响中小企业对申请贷款望而却步的重要因素;金融生态(法治环境和诚信文化等)对于银企关系效应的发挥具有显著的促进作用。
Using a firm-level dataset from Investment Climate Survey conducted by World Bank, we study the SMEs who are discour- aged from applying for bank loans for reasons. Empirical findings indicate that firms which are larger, more profitable and faster-grow- ing are less likely to be discouraged. We also find evidence that bank-firm relationships have a significant impact on the probability of a firm being discouraged. Further analyses show that this impact is even stronger in cities with better ecological environment of finance.
出处
《经济经纬》
CSSCI
北大核心
2014年第5期156-160,共5页
Economic Survey
基金
教育部人文社会科学研究青年基金项目(10YJC790157)
中国博士后科学基金(2012M511737)
关键词
中小企业
借款者
银企关系
金融生态
SMEs
Discouraged Borrowers
Bank-Firm Relationship
Ecological Environment of Finance
