Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/247263 
Year of Publication: 
2021
Series/Report no.: 
GLO Discussion Paper No. 991
Publisher: 
Global Labor Organization (GLO), Essen
Abstract: 
Using firm-level data on 11,000 companies across seven countries in South Asia, this paper explores the effects of access to finance on employment growth and performance at the firm level. The paper focuses on how the impact of financing obstacles varies across firm sizes. The results show that higher obstacles in access to finance reduces employment growth and performance for firms of all sizes, especially micro and small firms. We find significant differences between firms with less than 10 employees and small firm, which suggests that significant reforms are needed to drive micro firm growth to small and medium enterprises.
Subjects: 
Access to finance obstacles
employment growth
Total factor of productivity
JEL: 
J21
J41
M51
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.