Credit constraints, organizational choice, and returns to capital: Evidence from a rural industrial cluster in China

Traditional economic theory posits that a well-functioning capital market is a necessary condition for industrialization and economic growth. In reality, micro and small enterprises are ubiquitous because entrepreneurs can undertake low-return activities with minimal barriers to entry. Using a cashm...

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Bibliographic Details
Main Authors: Ruan, Jianqing, Zhang, Xiaobo
Format: Artículo preliminar
Language:Inglés
Published: International Food Policy Research Institute 2008
Subjects:
Online Access:https://hdl.handle.net/10568/161482

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