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About Indonesia’s Financial Liberalization: An Empirical Analysis of 1981-88 Panel Data
Using 1981 99 panel data on Indonesian manufacturing establishments and a survey of 2000 top business in Indonesia Indonesia s Financial Liberalization analyses the consequences of financial liberalization on investment and allocation of credit noting differential effects depending on size of firms organizational form and other categorizations Using rigorous econometric tools the conclusion derived is that although financial liberalization has increased borrowing costs particularly for smaller firms it has widened access to finance The move from administrative based to market based allocation of credit has increased credit flow to firms that are more efficient and these firms consequently have a higher concentration of investment
Detailed Information
| Author: | Miranda S. Goeltom |
|---|---|
| Publication Year: | 1995 |
| ISBN: | 9814379158 |
| Pages: | 107 |
| Language: | English |
| File Size: | 3.3 |
| Format: | |
| Price: | FREE |
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