Florian Léon
Does bank competition alleviate credit constraints in developing countries?
University of Clermont Auvergne
whether competition helps hinders firms access finance particularly developing world much debated question economic literature policy circles paper considers consequences bank competition credit constraints using firm level data covering 69 developing emerging countries addition classical concentration measure competition assessed computing three nonstructural measures boone indicator lerner index hstatistic results show bank competition alleviates credit constraints bank concentration measure robust predictor firms access finance study highlights bank competition leads less severe loan approval decisions also reduces borrower discouragement