| By: |
Molina, Ezequiel;
Angel-Urdinola, Diego F. |
| Abstract: |
This article studies the extent to which participation in productive
associations in Nicaragua contributes to increase individuals ' access to
social programs and credit services. By participating in productive
associations, individuals give a good signal to firms and are rewarded with
better transactions and more access to the services they provide, ceteris
paribus. Estimates using 2005 data indicate that househol ds that participate
in productive associations display higher access to credit and to social
programs that promote investment. Additionally, participation in productive
associations is weakly associated to more favorable credit outcomes among
those households that receive loans, such as lower interest rates and a lower
probability of wanting more credit than what was accessible to them. |
| Keywords: |
Access to Finance,,Corporate Law,Labor Policies,Debt Markets |
| Date: |
2008–02–01 |
| URL: |
http://d.repec.org/n?u=RePEc:wbk:wbrwps:4512&r=mfd |