银行便利性与创业活动:巴西的证据

IF 2.1 Q2 BUSINESS, FINANCE International Journal of Financial Studies Pub Date : 2024-05-24 DOI:10.3390/ijfs12020050
Rodrigo de Oliveira Leite, Matheus Moura, Layla Mendes, Leonardo Henrique Lima de Pilla
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引用次数: 0

摘要

大量研究表明,创业活动得益于金融发展和外部融资渠道。然而,在了解金融服务的可获得性如何以及在多大程度上与创业活动相关联方面还存在差距。基于 2010-2021 年间巴西 2104 个市镇的非平衡面板(包括 23769 个市镇年观测值),我们的研究结果不仅证实,以市镇银行分支机构数量为代表的银行可得性与企业数量呈正相关,而且这种关系是非线性的,对于规模较大的企业而言,这种关系更为强烈。通过使用一阶差分模型进行估计,我们发现增加一家银行分支机构对一个城市的企业数量有 0.2% 的正向因果影响(平均增加约 26 家企业)。我们的研究证实了外部融资服务对创业活动的影响,从而为相关文献做出了贡献。
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Bank Accessibility and Entrepreneurial Activity: Evidence from Brazil
A robust body of research suggests that entrepreneurial activities benefit from financial development and external financing access. However, there is a gap in understanding how and the extent to which the accessibility to financial services is associated with entrepreneurial activity. Based on an unbalanced panel of 2104 Brazilian municipalities spanning 2010–2021 and comprising 23,769 municipality-year observations, our results not only confirm that bank accessibility, proxied by the number of bank branches in a municipality, is positively correlated with the number of firms but also that the relationship is nonlinear, being stronger for larger firms. By estimating a model using first differences, we find a positive causal impact of an additional bank branch on the number of firms in a municipality of 0.2% (about 26 extra firms on average). Our study contributes to the literature by corroborating that access to external financing services shapes entrepreneurial activities.
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来源期刊
CiteScore
3.70
自引率
8.70%
发文量
100
审稿时长
11 weeks
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