El papel de la formalidad en el acceso al crédito para las micro y pequeñas empresas
Journal Title: REVISTA DE ANÁLISIS ECONÓMICO Y FINANCIERO - Year 2021, Vol 4, Issue 2
Abstract
Understanding financial constraints is critical to analyzing the role of high barriers in micro and small businesses in developing countries. This research identifies the role of formality in micro and small businesses in access to credit. To analyze formality in Peruvian companies, this research used the license variable. Company-level data called the National Business Survey (ENE), are provided by the National Institute of Statistics of Peru (INEI). This article uses the Instrumental Variables (IV) method and finds that when firms are licensed, they are more likely to have access to credit (from formal to informal), on average. On the other hand, these findings confirm that the real effects of licenses increase between 15 and 19 percentage points in access to credit and reduce financial restrictions for MYPES by 16 percentage points.
Authors and Affiliations
Edinson Tolentino Raymondi
Keywords
Related Articles
- EP ID EP700778
- DOI https://doi.org/10.24265/raef.2021.v4n2.39
- Views 109
- Downloads 0
Indicador líder de la inversión privada: metodología de redes neuronales
This research document aims to build a leading indicator of private investment through the use of artificial neural network methodology. The leading indicator consists of the forecast of the growth rate of private invest...
Dinámica del intercambio comercial a 12 años del Tratado de Libre Comercio Perú-USA
The free trade agreement between Peru and the United States has been in force for 12 years, exports between these countries have had a differentiated behavior, so there are sectors that have had growth, while others have...
Sensibilidad de la heterogeneidad del consumo a los choques de política monetaria. El caso peruano
This paper seeks to answer the effects of monetary policy on family consumption using the National Household Survey (ENAHO) as a database. To do this, a panel data model is estimated for the period 2016 - 2019; as well a...
Impacto de los Servicios de Agua y Saneamiento sobre las enfermedades diarreicas em los niños de la Sierra del Perú
Drinking water is important for human life. Goal 6 of the SDGs indicates ensuring the availability and sustainable management of water and sanitation and good water quality for all. The lack of water resources, low water...
Un análisis de series de tiempo mediante modelos SARIMAX para la proyección de demanda de carga en el puerto del Callao
The main objective of this article is to estimate and provide forecast models to predict the cargo performance for the Port of Callao from 2019 to 2023. These results could be used to make a prospective analysis, improve...