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Bank competition and access to finance: international evidence

Author

Listed:
  • Thorsten Beck
  • Asli Demirgüč-Kunt
  • Vojislav Maksimovic

Abstract

Using a unique database for 74 countries and for firms of small, medium, and large size we assess the effect of banking market structure on the access of firms to bank finance. We find that bank concentration increases obstacles to obtaining finance, but only in countries with low levels of economic and institutional development.

Suggested Citation

  • Thorsten Beck & Asli Demirgüč-Kunt & Vojislav Maksimovic, 2004. "Bank competition and access to finance: international evidence," Proceedings, Federal Reserve Bank of Cleveland, pages 627-654.
    • Handle: RePEc:fip:fedcpr:y:2004:p:627-654
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    Keywords

    Bank competition;

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