The Impact of the Lending Program for the Productive Development and Employment Generation of the San Juan Province
A shortcoming of the current empirical impact evaluation literature is the lack of studies that measure the effect of access to credit in the medium and long term, as well as the impact on interventions targeted at micro-, small-, and medium-sized enterprises (MSMEs). This study addresses both aspects by analyzing the average impact that the Lending Program for the Productive Development and Employment Generation of the San Juan Province has had on sales, employment, investment, and productivity of beneficiary MSMEs. The authors measured the abovementioned impacts using a lagged dependent variable (LDV) model that, beyond controlling for selection bias, also controls for the sequential entry of companies into the program. To conduct this analysis, the authors used a survey implemented by the National University of San Juan to 664 companies. The results of the study indicate a positive and statistically significant impact of 6.9 percent on the likelihood to invest, 9.7 percent on sales, 4.3 percent on employment, and 6.4 percent on labor productivity. The analysis allows for the identification of differentiated impacts by type of company, as classified by size and sector or type of economic activity.
id |
dig-bid-node-17181 |
---|---|
record_format |
koha |
spelling |
dig-bid-node-171812024-05-30T19:50:24ZThe Impact of the Lending Program for the Productive Development and Employment Generation of the San Juan Province 2016-11-01T00:00:00+0000 http://dx.doi.org/10.18235/0007975 https://publications.iadb.org/en/impact-lending-program-productive-development-and-employment-generation-san-juan-province Inter-American Development Bank Productivity Level Employment Rate Impact Evaluation Small Business Investment Level Productivity Growth Formal Labor Microfinance Commercial Bank G20 - Financial Institutions and Services: General D24 - Production • Cost • Capital • Capital Total Factor and Multifactor Productivity • Capacity H43 - Project Evaluation • Social Discount Rate G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance C23 - Panel Data Models • Spatio-temporal Models L25 - Firm Performance: Size Diversification and Scope O12 - Microeconomic Analyses of Economic Development evaluación de impacto;micro, pequeñas y medianas empresas (MiPyME);Argentina;variable dependiente rezagada;crédito A shortcoming of the current empirical impact evaluation literature is the lack of studies that measure the effect of access to credit in the medium and long term, as well as the impact on interventions targeted at micro-, small-, and medium-sized enterprises (MSMEs). This study addresses both aspects by analyzing the average impact that the Lending Program for the Productive Development and Employment Generation of the San Juan Province has had on sales, employment, investment, and productivity of beneficiary MSMEs. The authors measured the abovementioned impacts using a lagged dependent variable (LDV) model that, beyond controlling for selection bias, also controls for the sequential entry of companies into the program. To conduct this analysis, the authors used a survey implemented by the National University of San Juan to 664 companies. The results of the study indicate a positive and statistically significant impact of 6.9 percent on the likelihood to invest, 9.7 percent on sales, 4.3 percent on employment, and 6.4 percent on labor productivity. The analysis allows for the identification of differentiated impacts by type of company, as classified by size and sector or type of economic activity. Inter-American Development Bank Jacqueline Bueso-Merriam Francisco Demichelis María Carmen Fernández Díez David Giuliodori Alejandro Rodríguez Rodolfo Stucchi Discussion Papers & Presentations application/pdf IDB Publications Argentina en |
institution |
BID |
collection |
DSpace |
country |
Estados Unidos |
countrycode |
US |
component |
Bibliográfico |
access |
En linea |
databasecode |
dig-bid |
tag |
biblioteca |
region |
America del Norte |
libraryname |
Biblioteca Felipe Herrera del BID |
language |
English |
topic |
Productivity Level Employment Rate Impact Evaluation Small Business Investment Level Productivity Growth Formal Labor Microfinance Commercial Bank G20 - Financial Institutions and Services: General D24 - Production • Cost • Capital • Capital Total Factor and Multifactor Productivity • Capacity H43 - Project Evaluation • Social Discount Rate G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance C23 - Panel Data Models • Spatio-temporal Models L25 - Firm Performance: Size Diversification and Scope O12 - Microeconomic Analyses of Economic Development evaluación de impacto;micro, pequeñas y medianas empresas (MiPyME);Argentina;variable dependiente rezagada;crédito Productivity Level Employment Rate Impact Evaluation Small Business Investment Level Productivity Growth Formal Labor Microfinance Commercial Bank G20 - Financial Institutions and Services: General D24 - Production • Cost • Capital • Capital Total Factor and Multifactor Productivity • Capacity H43 - Project Evaluation • Social Discount Rate G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance C23 - Panel Data Models • Spatio-temporal Models L25 - Firm Performance: Size Diversification and Scope O12 - Microeconomic Analyses of Economic Development evaluación de impacto;micro, pequeñas y medianas empresas (MiPyME);Argentina;variable dependiente rezagada;crédito |
spellingShingle |
Productivity Level Employment Rate Impact Evaluation Small Business Investment Level Productivity Growth Formal Labor Microfinance Commercial Bank G20 - Financial Institutions and Services: General D24 - Production • Cost • Capital • Capital Total Factor and Multifactor Productivity • Capacity H43 - Project Evaluation • Social Discount Rate G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance C23 - Panel Data Models • Spatio-temporal Models L25 - Firm Performance: Size Diversification and Scope O12 - Microeconomic Analyses of Economic Development evaluación de impacto;micro, pequeñas y medianas empresas (MiPyME);Argentina;variable dependiente rezagada;crédito Productivity Level Employment Rate Impact Evaluation Small Business Investment Level Productivity Growth Formal Labor Microfinance Commercial Bank G20 - Financial Institutions and Services: General D24 - Production • Cost • Capital • Capital Total Factor and Multifactor Productivity • Capacity H43 - Project Evaluation • Social Discount Rate G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance C23 - Panel Data Models • Spatio-temporal Models L25 - Firm Performance: Size Diversification and Scope O12 - Microeconomic Analyses of Economic Development evaluación de impacto;micro, pequeñas y medianas empresas (MiPyME);Argentina;variable dependiente rezagada;crédito Inter-American Development Bank The Impact of the Lending Program for the Productive Development and Employment Generation of the San Juan Province |
description |
A shortcoming of the current empirical impact evaluation literature is the lack of studies that measure the effect of access to credit in the medium and long term, as well as the impact on interventions targeted at micro-, small-, and medium-sized enterprises (MSMEs). This study addresses both aspects by analyzing the average impact that the Lending Program for the Productive Development and Employment Generation of the San Juan Province has had on sales, employment, investment, and productivity of beneficiary MSMEs. The authors measured the abovementioned impacts using a lagged dependent variable (LDV) model that, beyond controlling for selection bias, also controls for the sequential entry of companies into the program. To conduct this analysis, the authors used a survey implemented by the National University of San Juan to 664 companies. The results of the study indicate a positive and statistically significant impact of 6.9 percent on the likelihood to invest, 9.7 percent on sales, 4.3 percent on employment, and 6.4 percent on labor productivity. The analysis allows for the identification of differentiated impacts by type of company, as classified by size and sector or type of economic activity. |
author2 |
Jacqueline Bueso-Merriam |
author_facet |
Jacqueline Bueso-Merriam Inter-American Development Bank |
format |
Discussion Papers & Presentations |
topic_facet |
Productivity Level Employment Rate Impact Evaluation Small Business Investment Level Productivity Growth Formal Labor Microfinance Commercial Bank G20 - Financial Institutions and Services: General D24 - Production • Cost • Capital • Capital Total Factor and Multifactor Productivity • Capacity H43 - Project Evaluation • Social Discount Rate G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance C23 - Panel Data Models • Spatio-temporal Models L25 - Firm Performance: Size Diversification and Scope O12 - Microeconomic Analyses of Economic Development evaluación de impacto;micro, pequeñas y medianas empresas (MiPyME);Argentina;variable dependiente rezagada;crédito |
author |
Inter-American Development Bank |
author_sort |
Inter-American Development Bank |
title |
The Impact of the Lending Program for the Productive Development and Employment Generation of the San Juan Province |
title_short |
The Impact of the Lending Program for the Productive Development and Employment Generation of the San Juan Province |
title_full |
The Impact of the Lending Program for the Productive Development and Employment Generation of the San Juan Province |
title_fullStr |
The Impact of the Lending Program for the Productive Development and Employment Generation of the San Juan Province |
title_full_unstemmed |
The Impact of the Lending Program for the Productive Development and Employment Generation of the San Juan Province |
title_sort |
impact of the lending program for the productive development and employment generation of the san juan province |
publisher |
Inter-American Development Bank |
url |
http://dx.doi.org/10.18235/0007975 https://publications.iadb.org/en/impact-lending-program-productive-development-and-employment-generation-san-juan-province |
work_keys_str_mv |
AT interamericandevelopmentbank theimpactofthelendingprogramfortheproductivedevelopmentandemploymentgenerationofthesanjuanprovince AT interamericandevelopmentbank impactofthelendingprogramfortheproductivedevelopmentandemploymentgenerationofthesanjuanprovince |
_version_ |
1809107752746745856 |