Financial liberalization and finaning constraints on the corporate sector in Tunisia
Joint Authors
Nabil, Mustafa K.
Bahlous, Mejda
Source
Economic Research Forum : Working Paper Series
Issue
Vol. 2000, Issue 200040 (31 Dec. 2000)16 p.
Publisher
Economic Research Forum for the Arab Countries Iran and Turkey
Publication Date
2000-12-31
Country of Publication
Egypt
No. of Pages
16
Main Subjects
Topics
Abstract EN
This paper studies the impact of the financial and economic liberalization in Tunisia since the mid-1980s on the financial structure and behavior of the corporate sector.
We analyze the effect of financing constraints, due to market imperfections as well as credit allocation policies, on the determinants of investment and indebtedness of the corporate sector.
A number of firm characteristics are found to imply significantly different financing constraints : government ownership, trade orientation, and size of firm.
We also investigate the impact of financial liberalization on the economic performance of firms.
Our results show a strong, mostly positive, effect of financial liberalization on the economic performance, as well as on financial structure, investment and financing behavior of Tunisian firms.
American Psychological Association (APA)
Bahlous, Mejda& Nabil, Mustafa K.. 2000. Financial liberalization and finaning constraints on the corporate sector in Tunisia. Economic Research Forum : Working Paper Series،Vol. 2000, no. 200040.
https://search.emarefa.net/detail/BIM-154022
Modern Language Association (MLA)
Bahlous, Mejda& Nabil, Mustafa K.. Financial liberalization and finaning constraints on the corporate sector in Tunisia. Economic Research Forum : Working Paper Series No. 200040 (2000).
https://search.emarefa.net/detail/BIM-154022
American Medical Association (AMA)
Bahlous, Mejda& Nabil, Mustafa K.. Financial liberalization and finaning constraints on the corporate sector in Tunisia. Economic Research Forum : Working Paper Series. 2000. Vol. 2000, no. 200040.
https://search.emarefa.net/detail/BIM-154022
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references.
Record ID
BIM-154022