Entrepreneurship and financial constraints in Thailand

By anna. paulson, Robert M. Townsend. 2004

340 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/73f75f4bde206bd6695cca35c05dd21d07415471

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Citations in the corpus

Direct Elicitation of Credit Constraints: Conceptual and Practical Issues with an Application to Peruvian Agriculture (2009, methodology): “Under this approach, followed for example by Paulson and Townsend (2004), households that say they would expand productive enterprizes (business or farm) or invest in working capital are classified as credit constrained.”
Returns to Capital in Microenterprises: Evidence from a Field Experiment (2007, positive): “The first, and most standard in the literature (e.g. Paulson and Townsend 2004), is to use the number of years of education of the enterprise owner.”
The effect of firm size on the leverage–performance relationship during the financial crisis of 2007–2009 (2015, neutral): “Several scholars, such as Paulson and Townsend (2004), show that small firms are typically very small, that similarities between small entrepreneurial firms in the US and Thailand are very striking, and that small, entrepreneurial firms are a key source of jobs and economic growth.”
FINANCE AND DEVELOPMENT: A TALE OF TWO SECTORS (2011, background): “In a two-period model, such a 37 See, for example, Anna L. Paulson and Townsend (2004) and David J. McKenzie and Christopher M. Woodruff (2006) for discussions on setup and fixed costs for small establishments in developing countries.”
Return migrants: The rise of new entrepreneurs in rural China (2010, neutral): “See for example Evans and Jovanovic (1989) and Holtz-Eakin et al. (1994) on the US, and Paulson and Townsend (2004) on Thailand.”
Distinguishing Limited Liability from Moral Hazard in a Model of Entrepreneurship (2006, positive): “Non-parametric, reduced form and structural evidence all indicate that moral hazard is the key ﬁ nancial constraint that restricts entrepreneurship in Thailand.”
Remittances, Financial Development, and Growth (2005, methodology): “3 Entrepreneurs in developing countries confront much less efficient credit markets, and available evidence indicates that access to credit is among their biggest concerns (Paulson and Towsend, 2000).”
Teaching Entrepreneurship: Impact of Business Training on Microfinance Clients and Institutions (2011, background): “Many of our models of entrepreneurial activity in developing countries treat human capital as fixed, and focus instead on financial constraints and information asymmetries in credit and equity markets (Banerjee and Newman 1993; Paulson and Townsend 2004).”
Access to capital in rural Thailand: an estimated model of formal versus informal credit (2005, background): “This finding complements the work of Siamwalla et al. (1993) also in Thailand or Udry (1993) and Aryeetey (1997) in Africa.”