Firm Entry, Growth, and Bank Competition
| Project/Area Number |
23530371
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
Public finance/Monetary economics
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| Research Institution | Nagasaki University (2012-2014)
Hiroshima University (2011) |
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Principal Investigator |
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| Project Period (FY) |
2011-04-28 – 2015-03-31
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| Project Status |
Completed (Fiscal Year 2014)
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| Budget Amount *help |
¥3,770,000 (Direct Cost: ¥2,900,000、Indirect Cost: ¥870,000)
Fiscal Year 2013: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2012: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2011: ¥2,470,000 (Direct Cost: ¥1,900,000、Indirect Cost: ¥570,000)
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| Keywords | 開業率 / 廃業率 / 企業成長 / 中小企業金融 / 銀行関係 / 新興企業 / リレーションシップバンキング / 銀行間競争 / リレーショップ・バンキング / リレーションシップ・バンキング / 企業創出 |
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| Outline of Final Research Achievements |
We investigate the effect of bank competition on firm entry, growth, and exit. We find that concentration in the banking sector negatively affects the creation (destruction) of establishments in industries with higher levels of intangible assets ratio. Furthermore, we analyze how newly listed firms determine their bank loan structure in order to balance the benefits and costs of multiple banking relationships. We find that small and less risky firms choose more concentrated bank loan structure.
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Report
(5 results)
Research Products
(14 results)
