| アイテムタイプ |
デフォルトアイテムタイプ（フル）その２(1) |
| 公開日 |
2017-05-20 |
| タイトル |
|
|
タイトル |
The Role of Trade Credit for Small Firms: An Implication from Japan's Banking Crisis |
|
言語 |
en |
| 作成者 |
福田, 慎一
| en |
Fukuda, Shin-ichi
University of Tokyo
|
| ja |
福田, 慎一
|
| ja-Kana |
フクダ, シンイチ
|
Search repository
粕谷, 宗久
赤司, 健太郎
|
| 寄与者 |
|
|
寄与者タイプ |
Editor |
|
|
姓名 |
Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University |
|
|
言語 |
en |
| アクセス権 |
|
|
アクセス権 |
open access |
|
アクセス権URI |
http://purl.org/coar/access_right/c_abf2 |
| 主題 |
|
|
主題Scheme |
Other |
|
主題 |
Trade credit |
| 主題 |
|
|
主題Scheme |
Other |
|
主題 |
Bank-firm relationship |
| 主題 |
|
|
主題Scheme |
Other |
|
主題 |
Unlisted firms |
| 内容記述 |
|
|
内容記述タイプ |
Other |
|
内容記述 |
October, 2006 |
|
言語 |
en |
| 内容記述 |
|
|
内容記述タイプ |
Abstract |
|
内容記述 |
Trade credit is one of the most important sources of short-term external finance for small firms. Previous literature has focused mainly on the substitution of bank loans for trade credit during monetary tightening among many firms, but in this paper we investigate the role of trade credit during the banking crisis in Japan. The basic motivation is to explore whether the substitution hypothesis still holds even under serious financial turbulence. Our main results suggest that the substitution hypothesis held in Japan when the banking sector was healthy, but broke down during the banking crisis. More precisely, both bank loans and trade credit contracted simultaneously during the crisis. Deteriorated bank health might have been primarily responsible for the widespread declines of credit to small and medium size firms in Japan during the banking crisis. |
| 出版者 |
|
|
出版者 |
Institute of Economic Research, Hitotsubashi University |
| 日付 |
|
|
日付 |
2006-10 |
|
日付タイプ |
Issued |
| 言語 |
|
|
言語 |
eng |
| 資源タイプ |
|
|
資源タイプ識別子 |
http://purl.org/coar/resource_type/c_18gh |
|
資源タイプ |
technical report |
| 出版タイプ |
|
|
出版タイプ |
VoR |
|
出版タイプResource |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| 関連情報 |
|
|
関連タイプ |
isPartOf |
|
|
関連名称 |
CEI Working Paper Series ; No. 2006-9 |
| 関連情報 |
|
|
|
識別子タイプ |
URI |
|
|
関連識別子 |
http://cei.ier.hit-u.ac.jp/index.html |
| 収録物識別子 |
|
|
収録物識別子タイプ |
NCID |
|
収録物識別子 |
AA11590659 |
| ページ数 |
|
|
ページ数 |
28 |
| JEL |
|
|
値 |
G21 |
| JEL |
|
|
値 |
G33 |
| JEL |
|
|
値 |
G32 |
wp2006-9a.pdf (638692 bytes)
