Financial Access and Firm Productivity in Sub-Saharan Africa

Godfred Alufar Bokpin; Charles Ackah; Mark Edem Kunawotor

doi:10.1080/15228916.2018.1392837

Financial Access and Firm Productivity in Sub-Saharan Africa

Godfred Alufar Bokpin
, Charles Ackah
, Mark Edem Kunawotor

Institute for Statistical, Social and Economic Research

University of Ghana Business School

Research output: Contribution to journal › Article › peer-review

31 Citations (Scopus)

Abstract

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.

Original language	English
Pages (from-to)	210-226
Number of pages	17
Journal	Journal of African Business
Volume	19
Issue number	2
DOIs	https://doi.org/10.1080/15228916.2018.1392837
Publication status	Published - 3 Apr 2018

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth

Keywords

Financial access
TFP
productivity

Access to Document

10.1080/15228916.2018.1392837

Cite this

@article{d6abe108d547450695afe0fff6b5f815,

title = "Financial Access and Firm Productivity in Sub-Saharan Africa",

abstract = "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.",

keywords = "Financial access, TFP, productivity",

author = "Bokpin, \{Godfred Alufar\} and Charles Ackah and Kunawotor, \{Mark Edem\}",

note = "Publisher Copyright: {\textcopyright} 2017 Informa UK Limited, trading as Taylor \& Francis Group.",

year = "2018",

month = apr,

day = "3",

doi = "10.1080/15228916.2018.1392837",

language = "English",

volume = "19",

pages = "210--226",

journal = "Journal of African Business",

issn = "1522-8916",

publisher = "Routledge",

number = "2",

}

TY - JOUR

T1 - Financial Access and Firm Productivity in Sub-Saharan Africa

AU - Bokpin, Godfred Alufar

AU - Ackah, Charles

AU - Kunawotor, Mark Edem

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 - https://www.scopus.com/pages/publications/85032505406

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 -

Financial Access and Firm Productivity in Sub-Saharan Africa

Abstract

UN SDGs

Keywords

Access to Document

Other files and links

Fingerprint

Cite this