{"title":"Industrial Agglomeration, Financial Development and Financing Constraints of Small and Medium-sized Enterprises","authors":"Rong Yang, Xuemeng Guo","doi":"10.2991/ESSD-19.2019.121","DOIUrl":null,"url":null,"abstract":"This paper chooses the data of new three-board listed industrial enterprises from 2014 to 2016 as samples, and tests the relationship between industrial agglomeration, financial development and financing constraints of small and medium-sized enterprises through empirical analysis. The study finds that industrial agglomeration is conducive to alleviating the financing constraints of SMEs, and the lagging of financial development, the more significant the mitigation effect of industrial agglomeration on the financing constraints of SMEs. Keywords-industrial agglomeration; financial development; small and medium-sized enterprises; financing constraints","PeriodicalId":339935,"journal":{"name":"Proceedings of the 2nd International Conference on Education Science and Social Development (ESSD 2019)","volume":"27 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2019-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Proceedings of the 2nd International Conference on Education Science and Social Development (ESSD 2019)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2991/ESSD-19.2019.121","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
This paper chooses the data of new three-board listed industrial enterprises from 2014 to 2016 as samples, and tests the relationship between industrial agglomeration, financial development and financing constraints of small and medium-sized enterprises through empirical analysis. The study finds that industrial agglomeration is conducive to alleviating the financing constraints of SMEs, and the lagging of financial development, the more significant the mitigation effect of industrial agglomeration on the financing constraints of SMEs. Keywords-industrial agglomeration; financial development; small and medium-sized enterprises; financing constraints