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...

Full description

Bibliographic Details
Main Author: Manaresi, Francesco
Other Authors: Pierri, Nicola
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/107
Online Access:Full text available on IMF