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008			230628b |||||||| |||| 00| 0 eng d
022			_a13504851
040			_aMSU _cMSU _erda _bEnglish
050	0	0	_aHB1.A666 APP
100	1		_aLahiri, Bidisha _eauthor
245	1	0	_aStructural break between small and large firms' behaviour in trade credit and bank credit: _bevidence from India's retail sector/ _ccreated by Bidisha Lahiri and Xi Tian
264	1		_aNew York: _bTaylor and Francis, _c2013.
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
440			_aApplied economics letters _vVolume 20, number 2
520	3		_aThis 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.
650			_aFirm size _vCredit constraints _xBank credit
700	1		_aTian, Xi _eauthor
856			_uhttps://doi.org/10.1080/13504851.2012.689105
942			_2lcc _cJA
999			_c162771 _d162771