Credit rationing and investment behavior in a developing country.

Research output: Contribution to journalArticlepeer-review

52 Scopus citations


Models of investment behavior are simultaneously fit to 2 groups of Colombian manufacturing firms, each chosen to differ in terms of its degree of access to formal credit markets. The analysis is designed to indicate whether Colombian financial market fragmentation significantly distorts investment patterns, and if so, whether the problem is severe enough that self-finance is the only means by which many firms can expand. -from Author

Original languageEnglish (US)
Pages (from-to)598-607
Number of pages10
JournalReview of Economics & Statistics
Issue number4
StatePublished - 1983

All Science Journal Classification (ASJC) codes

  • Social Sciences (miscellaneous)
  • Economics and Econometrics


Dive into the research topics of 'Credit rationing and investment behavior in a developing country.'. Together they form a unique fingerprint.

Cite this