| ID | 142015 |
| Title Proper | Trade credit, bank credit and crisis |
| Other Title Information | some empirical evidence for India? |
| Language | ENG |
| Author | Ghosh, Saibal |
| Summary / Abstract (Note) | Employing data on an extended sample of manufacturing firms during 1993–2012, the article studies the inter-linkage between trade credit and bank credit and how it evolved during the crisis. Accordingly, we first discuss the relevance of a trade-credit channel in India and subsequently, explore the interplay between these two financing forms. The analysis provides some evidence in favour of a trade-credit channel in India. More importantly, the findings indicate that bank credit and trade credit are complementary, although there was a differential impact on accounts payable (demand) and accounts receivables (supply) during the crisis. |
| `In' analytical Note | Margin Vol. 9, No.4; Nov 2015: p.333-361 |
| Journal Source | Margin 2015-12 9, 4 |
| Key Words | crisis ; India ; Monetary Policy ; Trade Credit ; Bank Credit |