TY - JOUR
T1 - Financial Access and Firm Productivity in Sub-Saharan Africa
AU - Bokpin, Godfred Alufar
AU - Ackah, Charles
AU - Kunawotor, Mark Edem
N1 - Publisher Copyright:
© 2017 Informa UK Limited, trading as Taylor & Francis Group.
PY - 2018/4/3
Y1 - 2018/4/3
N2 - The paper investigates the effect of access to finance on the productivity of manufacturing firms in Sub-Saharan Africa. With the aid of the Semi-parametric approach by Levinsohn and Petrin, findings reveal that access to a cost-effective line of credit/loan or an overdraft facility has a positive effect on firm productivity. The study, therefore, concludes that it is of outmost benefit for firms to acquire credit facilities for more productive projects and that the credit constraints firms in Africa face should be significantly relaxed.
AB - The paper investigates the effect of access to finance on the productivity of manufacturing firms in Sub-Saharan Africa. With the aid of the Semi-parametric approach by Levinsohn and Petrin, findings reveal that access to a cost-effective line of credit/loan or an overdraft facility has a positive effect on firm productivity. The study, therefore, concludes that it is of outmost benefit for firms to acquire credit facilities for more productive projects and that the credit constraints firms in Africa face should be significantly relaxed.
KW - Financial access
KW - TFP
KW - productivity
UR - http://www.scopus.com/inward/record.url?scp=85032505406&partnerID=8YFLogxK
U2 - 10.1080/15228916.2018.1392837
DO - 10.1080/15228916.2018.1392837
M3 - Article
AN - SCOPUS:85032505406
SN - 1522-8916
VL - 19
SP - 210
EP - 226
JO - Journal of African Business
JF - Journal of African Business
IS - 2
ER -