Credit constraints and productive entrepreneurship in Africa

  title={Credit constraints and productive entrepreneurship in Africa},
  author={Mina Baliamoune-Lutz and L{\'e}once Ndikumana},
Credit Constraints and Productive Entrepreneurship in Africa Limited access of entrepreneurs to credit constrains the creation and growth of private firms. In Africa, access to credit is particularly limited for small and medium enterprises (SMEs) due to unclear property rights and the lack of assets that can be used as collateral. This paper presents a model where firm creation and growth hinge on matching potential entrepreneurs with productive technologies, while firm growth depends on… CONTINUE READING


Publications referenced by this paper.
Showing 1-10 of 10 references

Africa: Africa‘s countercyclical response to the crisis.

  • L. Kasekende, Z. Brixiova, L. Ndikumana
  • Journal of Globalization and Development,
  • 2010
1 Excerpt

How law affects lending.‖ Review of Financial Studies

  • R. Haselmann, K. Pistor, V. Vig
  • capital.‖ Quarterly Journal of Economics,
  • 2010
1 Excerpt

Access to finance: An unfinished agenda.

  • T. Beck
  • Demirgüç-Kunt
  • 2008

Entrepreneurship, reforms, and development: Empirical evidence.‖ Working Paper No. 38/2007, International Centre for Economic Research (ICER), Italy. Baliamoune-Lutz, M., and L

  • Ndikumana
  • 2007

Taxes and entrepreneurial risk-taking: Theory and evidence for the US.

  • J. Cullen, R. Gordon
  • Journal of Public Economics,
  • 2007

Entrepreneurship, Agglomeration and Technological Change.

  • Z. J. Acs, A. Varga
  • Small Business Economics,
  • 2005
1 Excerpt

Law and finance.

  • R La Porta, F. Lopez-de-Silanes, A. Shleifer
  • Vishny
  • 1998
1 Excerpt

The case of bank loans.

  • R. Rajan, L. Zingales
  • Journal of Finance,
  • 1998
1 Excerpt

Similar Papers

Loading similar papers…