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El crédito comercial en la empresa canaria: Una aplicación del system estimator con datos de panel

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Author Info
Olga María Rodríguez Rodríguez () (Universidad de La Laguna; Facultad de Ciencias Eonómicas y Empresariales; Departamento de Análisis Económico; Campus de Guajara; Camino de La hornera s/n; La Laguna; 38071 Sta. Cruz de Tenerife;España Tfno (0034) 922317116)
Abstract

En este estudio se obtienen los factores determinantes del uso del crédito comercial para una muestra de empresas canarias durante el período 1990-1996. Utilizando la metodología de datos de panel, los resultados señalan que el crédito comercial permite reducir tanto las asimetrías informativas entre las empresas y sus financiadores como los costes de transacción.La comparación de estos resultados con los de otros trabajos relacionados permite señalar que las empresas canarias tienen un comportamiento similar al resto de las empresas españolas en su uso de crédito comercial. No obstante, en este estudio se detecta un efecto sectorial que no ha sido encontrado en aquéllos.

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Publisher Info
Paper provided by Facultad de Ciencias Económicas de la ULPGC in its series Documentos de trabajo conjunto ULL-ULPGC with number 2003-10.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 28 pages
Date of creation: Oct 2003
Date of revision:
Handle: RePEc:can:series:2003-10

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Related research
Keywords: Trade credit; panel data; system estimator; asymmetric information; transaction costs.;

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This page was last updated on 2009-12-15.


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