TY  - BOOK
AU  - Lahiri,Bidisha
AU  - Tian,Xi
TI  - Structural break between small and large firms' behaviour in trade credit and bank credit: evidence from India's retail sector
SN  - 13504851
AV  - HB1.A666 APP 
PY  - 2013///
CY  - New York
PB  - Taylor and Francis
KW  - Firm size
KW  - Credit constraints
KW  - Bank credit
N2  - This article recognizes the simultaneity of firms' decision in choosing between the various options of external financing. Additionally, the analysis allows the combination of bank finance and trade credit finance to vary with the firm's size even when all the firms are operating within the same financial infrastructure. We use cross-sectional data for the retail sector in India and apply structural break analysis common to time-series analysis to a system of simultaneous equations to split the sample into small and large firms. We find that the smaller firms depend more strongly on trade credit than the larger firms. Bank credit is found to be strongly related with the proxy for available collateral for the small firms but not for the large firms indicating that the large firms are unconstrained with respect to bank credit
UR  - https://doi.org/10.1080/13504851.2012.689105
ER  -