Is Small Beautiful? Financial Structure, Size and Access to Finance

Combining two unique data sets, this paper explores the relationship between financial structure and firms’ access to financial services. Specifically, it considers the importance of three different types of financial institutions: low-end financial institutions, specialized lenders, and banks. Two...

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Main Authors:	Beck, Thorsten, Demirgüç-Kunt, Asli, Singer, Dorothe
Format:	Journal Article
Language:	en_US
Published:	Elsevier 2013
Subjects:	financial development structure of financial sector size of financial sector access to finance small and medium-size enterprises developing economies
Online Access:	http://hdl.handle.net/10986/16218

id	okr-10986-16218
recordtype	oai_dc
spelling	okr-10986-162182021-04-23T14:03:28Z Is Small Beautiful? Financial Structure, Size and Access to Finance Beck, Thorsten Demirgüç-Kunt, Asli Singer, Dorothe financial development structure of financial sector size of financial sector access to finance small and medium-size enterprises developing economies Combining two unique data sets, this paper explores the relationship between financial structure and firms’ access to financial services. Specifically, it considers the importance of three different types of financial institutions: low-end financial institutions, specialized lenders, and banks. Two findings stand out. First, dominance of the financial system by banks is associated with lower use of financial services by firms of all sizes, while low-end financial institutions and specialized lenders seem particularly suited to ease access to finance in low-income countries. Second, there is no evidence that smaller institutions are better in providing access to finance. 2013-11-05T19:12:01Z 2013-11-05T19:12:01Z 2013-06-15 Journal Article World Development 0305-750X http://hdl.handle.net/10986/16218 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank Elsevier Publications & Research :: Journal Article Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	financial development structure of financial sector size of financial sector access to finance small and medium-size enterprises developing economies
spellingShingle	financial development structure of financial sector size of financial sector access to finance small and medium-size enterprises developing economies Beck, Thorsten Demirgüç-Kunt, Asli Singer, Dorothe Is Small Beautiful? Financial Structure, Size and Access to Finance
description	Combining two unique data sets, this paper explores the relationship between financial structure and firms’ access to financial services. Specifically, it considers the importance of three different types of financial institutions: low-end financial institutions, specialized lenders, and banks. Two findings stand out. First, dominance of the financial system by banks is associated with lower use of financial services by firms of all sizes, while low-end financial institutions and specialized lenders seem particularly suited to ease access to finance in low-income countries. Second, there is no evidence that smaller institutions are better in providing access to finance.
format	Journal Article
author	Beck, Thorsten Demirgüç-Kunt, Asli Singer, Dorothe
author_facet	Beck, Thorsten Demirgüç-Kunt, Asli Singer, Dorothe
author_sort	Beck, Thorsten
title	Is Small Beautiful? Financial Structure, Size and Access to Finance
title_short	Is Small Beautiful? Financial Structure, Size and Access to Finance
title_full	Is Small Beautiful? Financial Structure, Size and Access to Finance
title_fullStr	Is Small Beautiful? Financial Structure, Size and Access to Finance
title_full_unstemmed	Is Small Beautiful? Financial Structure, Size and Access to Finance
title_sort	is small beautiful? financial structure, size and access to finance
publisher	Elsevier
publishDate	2013
url	http://hdl.handle.net/10986/16218
_version_	1764432539178500096

Is Small Beautiful? Financial Structure, Size and Access to Finance

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