| ID | 125017 |
| Title Proper | Trade credit and productivity |
| Other Title Information | evidence from China's ethnic areas |
| Language | ENG |
| Author | Sun, Jufang ; Hu, Haiqing |
| Publication | 2013. |
| Summary / Abstract (Note) | Using 2004-2009 firm-level microdata for enterprises in China's ethnic areas, we investigate whether trade credit really works as an alternative external financing source. We find statistical evidence that trade credit is positively correlated with enterprise productivity; the result continues to hold when taking into account the intermediate role of the working capital turnover ratio. Moreover, our results confirm the positive impact of bank financing on enterprise productivity. All these findings are particularly tenable for Han enterprises. |
| `In' analytical Note | Journal of Chinese Economics and Business Studies Vol.11, No.4; 2013: P.279-297 |
| Journal Source | Journal of Chinese Economics and Business Studies Vol.11, No.4; 2013: P.279-297 |
| Key Words | Ethnic Enterprise ; Han Enterprise ; Productivity ; Trade Credit ; Economic Policy ; Chinese Economy ; International Trade ; International Economics ; Financial Enterprises ; Financial Policy - China |