Second-tier Government Banks and Firm Performance: Micro-Evidence from Colombia
Despite the large potential gains from credit by second-tier development banks, little is known about the actual impact of these banks' lending activity. This study partially fills that gap by analyzing the impact of the lending activity of Bancoldex, the Colombian second-tier development bank, on firm performance. The evaluation uses data over a several-year period on loans granted to firms by Bancoldex and on performance for all manufacturing establishments with 10 or more employees.
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Main Author: | Inter-American Development Bank |
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Other Authors: | Marcela Eslava |
Format: | Working Papers biblioteca |
Language: | English |
Published: |
Inter-American Development Bank
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Subjects: | Financial Service, Productivity, Financial Market, G28 - Government Policy and Regulation, H43 - Project Evaluation • Social Discount Rate, L25 - Firm Performance: Size Diversification and Scope, O12 - Microeconomic Analyses of Economic Development, O54 - Latin America • Caribbean, Second-tier development banks, access to credit, job creation, firm growth, productivity, |
Online Access: | http://dx.doi.org/10.18235/0011356 https://publications.iadb.org/en/second-tier-government-banks-and-firm-performance-micro-evidence-colombia |
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