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| Author: | Love, I. Preve, L.A. Sarria-Allende, V. |
| Title: | Trade credit and bank credit: Evidence from recent financial crises |
| Journal: | Journal of Financial Economics
2007 : FEB, VOL. 83:2, p. 453-469 |
| Index terms: | emerging markets financial crises trade credit Asia Mexico |
| Language: | eng |
| Abstract: | This paper investigates the effect of financial crises on trade credit (here as: tr-cr.) for a sample of 890 firms in 6 emerging economies. It is argued that the decline in aggregate tr-cr. ratios is driven by the reduction in the supply of tr-cr. following a bank credit crunch, consistent with the "redistribution view" of trade credit provision. |
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