Do State-Owned Banks Promote Growth?: Cross-Country Evidence for Manufacturing Industries

Arturo Galindo and Alejandro Micco ()

No 1458, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: This paper tests the efficiency of different structures of bank ownership in terms of its ability to target manufacturing sectors in need of credit. We find that state- owned banks do not play a significant role in the development of industries that rely more on external finance and/or that have less tangible assets to pledge as collateral.

Keywords: WP-483 (search for similar items in EconPapers)
Date: 2003-02
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Related works:
Journal Article: Do state owned banks promote growth? Cross-country evidence for manufacturing industries (2004)
Working Paper: Do State-Owned Banks Promote Growth? Cross-Country Evidence for Manufacturing Industries (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:idb:brikps:1458

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