|
|
|
|
| LEADER |
01751cas a2200253 a 4500 |
| 001 |
AALejournalIMF019330 |
| 008 |
230101c9999 xx r poo 0 0eng d |
| 020 |
|
|
|c 5.00 USD
|
| 020 |
|
|
|z 9781498315258
|
| 022 |
|
|
|a 1018-5941
|
| 040 |
|
|
|a BD-DhAAL
|c BD-DhAAL
|
| 100 |
1 |
|
|a Manaresi, Francesco.
|
| 245 |
1 |
0 |
|a Credit Supply and Productivity Growth /
|c Francesco Manaresi, Nicola Pierri.
|
| 264 |
|
1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 2019.
|
| 300 |
|
|
|a 1 online resource (75 pages)
|
| 490 |
1 |
|
|a IMF Working Papers
|
| 500 |
|
|
|a <strong>Off-Campus Access:</strong> No User ID or Password Required
|
| 500 |
|
|
|a <strong>On-Campus Access:</strong> No User ID or Password Required
|
| 506 |
|
|
|a Electronic access restricted to authorized BRAC University faculty, staff and students
|
| 520 |
3 |
|
|a 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 augmented with financial frictions. We find that a contraction in credit supply causes a reduction of firm TFP growth and also harms IT-adoption, innovation, exporting, and adoption of superior management practices, while a credit expansion has limited impact. Quantitatively, the credit contraction between 2007 and 2009 accounts for about a quarter of observed the decline in TFP.
|
| 538 |
|
|
|a Mode of access: Internet
|
| 700 |
1 |
|
|a Pierri, Nicola.
|
| 830 |
|
0 |
|a IMF Working Papers; Working Paper ;
|v No. 2019/107
|
| 856 |
4 |
0 |
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2019/107/001.2019.issue-107-en.xml
|z IMF e-Library
|