Monopoly power: impacts of location on the cost of credit for small firms in brazil

HIGHLIGHTS

  • What: The aim of this study is to observe the impact of bank monopoly power on credit costs for micro and small firms in different regions of Brazil. The evidence revealed brightness between the individual effect and the explanatory variables, in addition to the model showing brightness between the Lener index and the firms located in the Northeast, North and South regions. Based on the evidence identified in this study, the authors propose improving the local credit market, combined with increased competition between financial institutions.
  • Who: Macrothink Institute from the Credit for Small Firms in . . .

     

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