scholarly journals Services Inputs and Firm Productivity in Sub-Saharan Africa: Evidence from Firm-Level Data

2008 ◽  
Vol 17 (4) ◽  
pp. 578-599 ◽  
Author(s):  
J. M. Arnold ◽  
A. Mattoo ◽  
G. Narciso
Keyword(s):  
Sub Saharan Africa ◽  
Firm Productivity ◽  
Firm Level ◽  
Level Data ◽  
Firm Level Data ◽  
Sub Saharan

scholarly journals Job Quality, FDI and Institutions in Sub-Saharan Africa: Evidence from Firm-Level Data

2019 ◽  
Vol 31 (5) ◽  
pp. 1287-1317 ◽  
Author(s):  
Sotiris Blanas ◽  
Adnan Seric ◽  
Christian Viegelahn
Keyword(s):  
Job Quality ◽  
Sub Saharan Africa ◽  
Firm Level ◽  
Level Data ◽  
Firm Level Data ◽  
Sub Saharan

scholarly journals Does Financial Liberalisation Improve Access to Investment Finance in Developing Countries?

2014 ◽  
Vol 5 (1) ◽  
Author(s):  
Conor M. O’Toole
Keyword(s):  
Sub Saharan Africa ◽  
Securities Market ◽  
State Control ◽  
Firm Level ◽  
Financial Flows ◽  
Reserve Requirements ◽  
Level Data ◽  
Financial Liberalisation ◽  
Sub Saharan ◽  
Market Liberalisation

AbstractThis paper considers the effect of financial liberalisation on access to investment finance using firm level data covering 48 developing and transition countries. An index is presented which measures financial market liberalisation along the following policy dimensions: directed lending, credit controls and reserve requirements, state control of banking, openness of international financial flows, banking market entry, prudential regulation and supervision and securities market development. Categorising firms as financially constrained across four measures, the results indicate that financial liberalisation is robustly associated with a reduction in the probability of being credit constrained, with the effect strongest for young, domestic private small and medium sized enterprises. For Sub-Saharan Africa, the results indicate that financial liberalisation actually increases financing constraints for firms. This may help explain the stylised fact that despite a commitment to financial reform, the predicted growth benefits have not been realised in this region.

Competition and Firm Productivity: Evidence From Firm-Level Data

2010 ◽  
Vol 10 (67) ◽  
pp. 1 ◽  
Author(s):  
Marc Schiffbauer ◽  
Sandra Ospina ◽  
◽  
Keyword(s):  
Firm Productivity ◽  
Firm Level ◽  
Level Data ◽  
Firm Level Data

Does the Presence of Foreign Firms Reduce Domestic Firms’ Financial Constraints in Sub-Saharan Africa?†

2019 ◽  
Vol 28 (4) ◽  
pp. 343-370
Author(s):  
Habtamu Tesfaye Edjigu ◽  
Nicholas Sim
Keyword(s):  
Financial Constraints ◽  
Foreign Firm ◽  
Bank Loans ◽  
Sub Saharan Africa ◽  
Foreign Firms ◽  
African Countries ◽  
Firm Level ◽  
Domestic Firms ◽  
Level Data ◽  
Sub Saharan

Abstract Firms in the SSAs (sub-Saharan African countries for short) face severe financial constraints. Because financial markets in the SSAs are underdeveloped, policymakers have sought after the establishment of foreign-owned firms in their countries to help, among others, alleviate the financial constraints faced by domestic firms. However, there is no empirical evidence that speaks to the association between foreign firm presence and domestic firms’ financial constraint. Using firm-level data spanning across 36 SSAs from the World Bank Enterprise Survey, we show that the increase in foreign firm presence can ease the financial constraints of domestic firms in the SSAs. One reason is that foreign-owned firms are not only less financially constrained, they are also less likely to apply for bank loans. Therefore, an increase in foreign firm presence may reduce the competition for loans and ease the financial constraints of domestic firms by improving their borrowing success.

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