Details about Daisuke Tsuruta

Access statistics for papers by Daisuke Tsuruta.

Last updated 2024-10-05. Update your information in the RePEc Author Service.

Short-id: pts180

Working Papers

2024

1. Determinants and Consequences of Bank Borrowings of Small Businesses: Is the COVID-19 crisis special?
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)

2023

2. Credit Allocation and Public Credit Guarantee Schemes for Small Businesses: Evidence from Japan
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)

2021

3. Distant Lending for Regional Small Businesses Using Public Credit Guarantee Schemes: Evidence from Japan
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)
   See also Journal Article Distant lending for regional small businesses using public credit guarantee schemes: Evidence from Japan, Economic Analysis and Policy, Elsevier (2023) (2023)
4. Does Trade Credit Absorb Adverse Shocks?
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)
5. Firms' Responses and Policy Measures to the COVID-19 Pandemic: An analysis based on a firm survey (Japanese)
   Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)

2019

6. Lack of Successors, Firm Default, and the Performance of Small Businesses
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (4)
   See also Journal Article Lack of successors, firm default, and the performance of small businesses, Japan and the World Economy, Elsevier (2021) View citations (1) (2021)
7. The Effect of Physical Collateral and Personal Guarantees on Business Start-ups
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (1)
   See also Journal Article The effect of physical collateral and personal guarantees on business startups, Journal of Economics and Business, Elsevier (2024) (2024)

2017

8. SME Policies as a Barrier to Growth of SMEs
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (5)
   See also Journal Article SME policies as a barrier to growth of SMEs, Small Business Economics, Springer (2020) View citations (10) (2020)
9. Working Capital Management during Financial Crisis: Evidence from Japan
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)

2015

10. No Lending Relationships and Liquidity Management of Small Businesses during a Financial Shock
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)
    See also Journal Article No lending relationships and liquidity management of small businesses during a financial shock, Journal of the Japanese and International Economies, Elsevier (2016) View citations (3) (2016)
11. Summary of the Survey on the Aftermath of SME Financing Facilitation Act (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI) View citations (1)

2014

12. Information Asymmetry in SME Credit Guarantee Schemes: Evidence from Japan
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (8)

2013

13. Real Driver of Trade Credit
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (6)
    See also Journal Article The real driver of trade credit, Pacific-Basin Finance Journal, Elsevier (2019) View citations (3) (2019)

2012

14. Changing Banking Relationships and Client Firm Performance: Evidence for Japan from the 1990s
    MPRA Paper, University Library of Munich, Germany

2010

15. How Do Small Businesses Finance their Growth Opportunities? – The Case of Recovery from the Lost Decade in Japan?
    GRIPS Discussion Papers, National Graduate Institute for Policy Studies
    See also Journal Article How Do Small Businesses Finance Their Growth Opportunities?—The Case of Recovery from the Lost Decade in Japan, Managerial and Decision Economics, John Wiley & Sons, Ltd. (2012) (2012)

2009

16. Customer Relationships and the Provision of Trade Credit during a Recession
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)
    See also Journal Article Customer relationships and the provision of trade credit during a recession, Applied Financial Economics, Taylor & Francis Journals (2013) View citations (3) (2013)
17. The Current Status of SME Financing under the Financial Crisis: A summary of the Survey on the Status of Transactions between Businesses and Financial Institutions (Feb. 2008) and the Survey on the Status of Transactions between Businesses and Financial Institutions following the Financial Crisis (Feb. 2009). (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI) View citations (1)

2007

18. Credit Contagion and Trade Credit Supply: Evidence from Small Business Data in Japan
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (2)
19. Debt Structure and Bankruptcy of Financially Distressed Small Businesses
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (1)

2006

20. Life Duration and Debt Structure of Financially Distressed SMEs (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)

2005

21. Nonbank Financing and the Moral Hazard of SMEs (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)

Journal Articles

2024

1. Bank credit to SMEs in Japan: Evidence from normal times, the global financial crisis, and the COVID-19 crisis
   Pacific-Basin Finance Journal, 2024, 87, (C)
2. Does trade credit absorb adverse shocks? Evidence on SMEs in Japan
   Pacific-Basin Finance Journal, 2024, 88, (C)
3. The effect of physical collateral and personal guarantees on business startups
   Journal of Economics and Business, 2024, 130, (C)
   See also Working Paper The Effect of Physical Collateral and Personal Guarantees on Business Start-ups, Discussion papers (2019) View citations (1) (2019)

2023

4. Bank loans, trade credit, and liquidity shortages of small businesses during the global financial crisis
   International Review of Financial Analysis, 2023, 90, (C) View citations (2)
5. Distant lending for regional small businesses using public credit guarantee schemes: Evidence from Japan
   Economic Analysis and Policy, 2023, 80, (C), 60-76
   See also Working Paper Distant Lending for Regional Small Businesses Using Public Credit Guarantee Schemes: Evidence from Japan, Discussion papers (2021) (2021)
6. Do small businesses adjust their capital structure? Evidence from the global financial crisis in Japan
   Accounting and Finance, 2023, 63, (S1), 843-871 View citations (1)

2022

7. Lending relationships and a corporate liquidity shortage: Evidence from the COVID‐19 shock in Japan
   Managerial and Decision Economics, 2022, 43, (8), 3548-3567
8. The Economy and Society under the COVID-19 Pandemic: Evidence from Surveys
   Economic Review, 2022, 73, (2), 133-159

2021

9. Lack of successors, firm default, and the performance of small businesses
   Japan and the World Economy, 2021, 57, (C) View citations (1)
   See also Working Paper Lack of Successors, Firm Default, and the Performance of Small Businesses, Discussion papers (2019) View citations (4) (2019)

2020

10. Can banks monitor small business borrowers effectively using hard information?
    Accounting and Finance, 2020, 60, (4), 4291-4330 View citations (2)
11. Japan's elderly small business managers: Performance and succession
    Journal of Asian Economics, 2020, 66, (C)
12. SME policies as a barrier to growth of SMEs
    Small Business Economics, 2020, 54, (4), 1067-1106 View citations (10)
    See also Working Paper SME Policies as a Barrier to Growth of SMEs, Discussion papers (2017) View citations (5) (2017)

2019

13. The real driver of trade credit
    Pacific-Basin Finance Journal, 2019, 57, (C) View citations (3)
    See also Working Paper Real Driver of Trade Credit, Discussion papers (2013) View citations (6) (2013)
14. Working capital management during the global financial crisis: Evidence from Japan
    Japan and the World Economy, 2019, 49, (C), 206-219 View citations (13)

2018

15. Information asymmetry in small and medium enterprise credit guarantee schemes: evidence from Japan
    Applied Economics, 2018, 50, (22), 2469-2485 View citations (24)

2017

16. Variance of Firm Performance and Leverage of Small Businesses
    Journal of Small Business Management, 2017, 55, (3), 404-429 View citations (4)

2016

17. Natural or unnatural selection? The end of lending relationships for small businesses
    Applied Economics, 2016, 48, (15), 1416-1428 View citations (1)
18. No lending relationships and liquidity management of small businesses during a financial shock
    Journal of the Japanese and International Economies, 2016, 42, (C), 31-46 View citations (3)
    See also Working Paper No Lending Relationships and Liquidity Management of Small Businesses during a Financial Shock, Discussion papers (2015) (2015)

2015

19. Bank loan availability and trade credit for small businesses during the financial crisis
    The Quarterly Review of Economics and Finance, 2015, 55, (C), 40-52 View citations (22)
20. Leverage and firm performance of small businesses: evidence from Japan
    Small Business Economics, 2015, 44, (2), 385-410 View citations (9)

2014

21. Changing banking relationships and client-firm performance: Evidence from Japan for the 1990s
    Review of Financial Economics, 2014, 23, (3), 107-119 View citations (3)
    Also in Review of Financial Economics, 2014, 23, (3), 107-119 (2014)

2013

22. Credit Contagion and Trade Credit: Evidence from Small Business Data in Japan
    Asian Economic Journal, 2013, 27, (4), 341-367 View citations (5)
23. Customer relationships and the provision of trade credit during a recession
    Applied Financial Economics, 2013, 23, (12), 1017-1031 View citations (3)
    See also Working Paper Customer Relationships and the Provision of Trade Credit during a Recession, Discussion papers (2009) (2009)

2012

24. How Do Small Businesses Finance Their Growth Opportunities?—The Case of Recovery from the Lost Decade in Japan
    Managerial and Decision Economics, 2012, 33, (3), 189-210
    See also Working Paper How Do Small Businesses Finance their Growth Opportunities? – The Case of Recovery from the Lost Decade in Japan?, GRIPS Discussion Papers (2010) (2010)

2010

25. Do Financial Shocks Have Negative Effects on Small Businesses? New Evidence from Japan for the Late 1990s
    The B.E. Journal of Economic Analysis & Policy, 2010, 10, (1), 48
26. Nonbank financing and performance of informationally opaque businesses
    Applied Financial Economics, 2010, 20, (18), 1401-1413 View citations (2)

2008

27. Bank information monopoly and trade credit: do only banks have information about small businesses?
    Applied Economics, 2008, 40, (8), 981-996 View citations (28)