2014年
Factors in the development of trade credit: Case study of provinces in China
Emerging Markets Finance and Trade
- ,
- 巻
- 50
- 号
- SUPPL. 2
- 開始ページ
- 114
- 終了ページ
- 134
- 記述言語
- 英語
- 掲載種別
- 研究論文(学術雑誌)
- DOI
- 10.2753/REE1540-496X5002S208
- 出版者・発行元
- M E SHARPE INC
Using Chinese province-level panel data for 2001-9, we investigate significant factors for the development of financial intermediation via trade credit in developing economies. First, we confirm that a competitive market environment, a well-functioning legal system, and greater bank loans for non-state-sector firms promote the development of trade credit in China. Conversely, corruption hinders its development. Second, we find that proper functioning of the legal system and bank lending to non-state-sector firms are highly likely to be the causes of the complex relationships between these determinants. Finally, we observe that an increase in the number of lawyers effectively improves the quality and function of the legal system, which, in turn, alleviates the harmful influence of corruption on trade credit development.
- リンク情報
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- DOI
- https://doi.org/10.2753/REE1540-496X5002S208
- Web of Science
- https://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcAuth=JSTA_CEL&SrcApp=J_Gate_JST&DestLinkType=FullRecord&KeyUT=WOS:000341381100009&DestApp=WOS_CPL
- Scopus Url
- http://www.scopus.com/inward/record.url?eid=2-s2.0-84904904020&partnerID=MN8TOARS
- ID情報
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- DOI : 10.2753/REE1540-496X5002S208
- ISSN : 1540-496X
- eISSN : 1558-0938
- ORCIDのPut Code : 65920758
- SCOPUS ID : 84904904020
- Web of Science ID : WOS:000341381100009