On SBA-guaranteed lending and economic growth
Ben Craig,
William E. Jackson and
James Thomson
No 403, Working Papers (Old Series) from Federal Reserve Bank of Cleveland
Abstract:
Increasingly, policymakers are looking to the small business sector as a potential engine of economic growth. Policies to promote small businesses include tax relief, direct subsidies, and indirect subsidies through government lending programs. Encouraging lending to small business is the primary policy objective of the Small Business Administration (SBA) loan-guarantee program. Using a panel data set of SBA-guaranteed loans we assess whether SBA-guaranteed lending has an observable impact on local and regional economic performance.
Keywords: Small Business Administration; Loans; Small business (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedcwp:0403
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DOI: 10.26509/frbc-wp-200403
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