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dc.titleThe Impact of the Lending Program for the Productive Development and Employment Generation of the San Juan Province
dc.contributor.authorBueso-Merriam, Jacqueline
dc.contributor.authorDemichelis, Francisco
dc.contributor.authorFernández Díez, María Carmen
dc.contributor.authorGiuliodori, David
dc.contributor.authorRodríguez, Alejandro
dc.contributor.authorStucchi, Rodolfo
dc.contributor.orgunitConnectivity, Markets and Finance Division
dc.coverageArgentina
dc.date.available2016-11-02T00:00:00
dc.date.issue2016-11-01T00:00:00
dc.description.abstractA shortcoming of the current empirical impact evaluation literature is the lack of studies that measure the effect of access to credit in the medium and long term, as well as the impact on interventions targeted at micro-, small-, and medium-sized enterprises (MSMEs). This study addresses both aspects by analyzing the average impact that the Lending Program for the Productive Development and Employment Generation of the San Juan Province has had on sales, employment, investment, and productivity of beneficiary MSMEs. The authors measured the abovementioned impacts using a lagged dependent variable (LDV) model that, beyond controlling for selection bias, also controls for the sequential entry of companies into the program. To conduct this analysis, the authors used a survey implemented by the National University of San Juan to 664 companies. The results of the study indicate a positive and statistically significant impact of 6.9 percent on the likelihood to invest, 9.7 percent on sales, 4.3 percent on employment, and 6.4 percent on labor productivity. The analysis allows for the identification of differentiated impacts by type of company, as classified by size and sector or type of economic activity.
dc.format.extent28;29
dc.identifier.doihttp://dx.doi.org/10.18235/0007975
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/The-Impact-of-the-Lending-Program-for-the-Productive-Development-and-Employment-Generation-of-the-San-Juan-Province.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/El-impacto-del-Programa-de-Crédito-para-el-Desarrollo-de-la-Producción-y-el-Empleo-en-la-Provincia-de-San-Juan.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.relation.seriesImpact Evaluations
dc.subjectProductivity Level
dc.subjectEmployment Rate
dc.subjectImpact Evaluation
dc.subjectSmall Business
dc.subjectInvestment Level
dc.subjectProductivity Growth
dc.subjectFormal Labor
dc.subjectMicrofinance
dc.subjectCommercial Bank
dc.subject.jelcodeG20 - Financial Institutions and Services: General
dc.subject.jelcodeD24 - Production • Cost • Capital • Capital, Total Factor, and Multifactor Productivity • Capacity
dc.subject.jelcodeH43 - Project Evaluation • Social Discount Rate
dc.subject.jelcodeG21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages
dc.subject.jelcodeO16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance
dc.subject.jelcodeC23 - Panel Data Models • Spatio-temporal Models
dc.subject.jelcodeL25 - Firm Performance: Size, Diversification, and Scope
dc.subject.jelcodeO12 - Microeconomic Analyses of Economic Development
dc.subject.keywordsevaluación de impacto;micro, pequeñas y medianas empresas (MiPyME);Argentina;variable dependiente rezagada;crédito
dc.typeDiscussion Papers
idb.identifier.pubnumberDiscussion Papers
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