Structural and cyclical determinants of access to finance: Evidence from Egypt

Arbeitspapier

Using panel data on Egyptian firms to explore cyclical and structural determinants of access to finance, we find that firms with more educated and more experienced managers are more likely to open a checking account, often a prerequisite for obtaining credit. Firms that started operating in the informal sector before registering are less likely to engage with the banking system. Exploiting data on the location of firms and bank branches, we also show that firms located in areas with a greater presence of banks that invest more in government debt are more likely to be credit constrained due to crowding out of the private sector.

Object Details

• ISBN: 978-92-861-4487-5
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: EIB Working Papers ; No. 2019/10

Classification and Topics

• Classification: Wirtschaft ; Banks; Depository Institutions; Micro Finance Institutions; Mortgages ; Economic Development: Human Resources; Human Development; Income Distribution; Migration ; Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
• Subject: financial constraints ; crowding out ; managerial skills

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Betz, Frank ; Ravasan, Farshad R. ; Weiss, Christoph T.
• Event: Veröffentlichung
• (who): European Investment Bank (EIB)
• (where): Luxembourg
• (when): 2019

Further information

• DOI: doi:10.2867/066706
• Handle: http://hdl.handle.net/10419/213425
• Last update: 10.03.2025, 11:43 AM CET