Credit supply and productivity growth

Credit supply and productivity growth

We study the impact of bank credit on firm productivity. We exploit a matched firm-bank database covering all the credit relationships of Italian corporations, together with a natural experiment, to measure idiosyncratic supply-side shocks to credit availability and to estimate a production model au...

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Bibliographic Details
Main Author: Manaresi, Francesco
Other Authors: Pierri, Nicola
Format: eBook
Language:English
Published: [Washington, D.C.] International Monetary Fund, [2019]
Series:IMF working paper ; WP/19/107.
Subjects:
Italy.
Banks and banking > Italy.
Business enterprises > Italy > Finance.
Corporations > Italy > Finance.
Credit > Italy.
Banks and banking.
Business enterprises > Finance.
Corporations > Finance.
Credit.
EBSCO eBooks
Electronic books.
Online Access:EBSCOhost
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Table of Contents:
  • Data
  • Theoretical framework
  • Credit supply shocks and firm production
  • The effect of credit supply on firm productivity growth
  • The interbank market collapse as a natural experiment
  • Beyond measurement: channels.

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