Indonesia's Financial Liberalization: An Empirical Analysis of 1981–88 Panel Data

Using 1981–99 panel data on Indonesian manufacturing establishments and a survey of 2000 top business in Indonesia, Indonesia's Financial Liberalization analyses the consequences of financial liberalization on investment and allocation of credit, noting differential effects depending on size of...

Full description

Saved in:
Bibliographic Details
Main Author: Goeltom, Miranda S. (Author)
Format: Electronic eBook
Language:English
Published: Singapore ASEAN Economic Research Unit, Institute of Southeast Asian Studies [1995]
Subjects:
Online Access:BSB01
UBG01
Volltext
Summary:Using 1981–99 panel data on Indonesian manufacturing establishments and a survey of 2000 top business in Indonesia, Indonesia's Financial Liberalization analyses the consequences of financial liberalization on investment and allocation of credit, noting differential effects depending on size of firms, organizational form, and other categorizations. Using rigorous econometric tools, the conclusion derived is that although financial liberalization has increased borrowing costs, particularly for smaller firms, it has widened access to finance. The move from administrative-based to market-based allocation of credit has increased credit flow to firms that are more efficient, and these firms consequently have a higher concentration of investment
Item Description:Title from publisher's bibliographic system (viewed on 24 Nov 2015)
Physical Description:1 online resource (xii, 93 pages)
ISBN:9789814379151

There is no print copy available.

Interlibrary loan Place Request Caution: Not in THWS collection! Get full text