Access to Finance in Turkey

Baybars Karacaovali

No 201618, Working Papers from University of Hawaii at Manoa, Department of Economics

Abstract: Access to finance is essential for a successful development and growth of the private sector. In the absence of finance, enterprises cannot develop, innovate, and compete with other firms in other countries which offer more favorable access to finance. This paper makes use of the Enterprise Survey conducted with a representative stratified random sample of 6,006 Turkish firms for the 2015 fiscal year to evaluate the access to finance conditions in the nation. Moreover, data from the Enterprise Surveys Database for a comparison group of countries and 2013 survey for Turkey are employed to put the current survey in perspective.

Keywords: Business environment; financial constraints; access to finance; Turkey (search for similar items in EconPapers)
JEL-codes: G10 G30 O12 (search for similar items in EconPapers)
Date: 2016-09
New Economics Papers: this item is included in nep-ara and nep-cwa
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http://www.economics.hawaii.edu/research/workingpapers/WP_16-18.pdf First version, 2016 09 (application/pdf)

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Journal Article: Access to Finance in Turkey (2017)
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