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The Impact of Public Credit Programs on Brazilian Firms

JoaÞo Alberto De Negri, Alessandro Maffioli (), Cesar Rodriguez and Gonzalo Vázquez

No 3826, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: This paper analyzes the effectiveness of public credit lines in promoting the performances of Brazilian firms. We focus on the impact of the credit lines managed by BNDES and FINEP in fostering growth measured in terms of employment, labor productivity and export. For this purpose, we use a unique panel data set developed by the Instituto de Pesquisa Econômica Aplicada (IPEA), which includes information on both firm-level performances and access to public credit lines.

Keywords: Public Credit; Impact Evaluation; SMEs; Difference in Difference; Panel Data (search for similar items in EconPapers)
JEL-codes: C23 H43 L25 O12 O54 (search for similar items in EconPapers)
Date: 2011-12
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Citations: View citations in EconPapers (6)

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