International perspectives on investment and financing constraints : microeconometric evidence

Abstract

This thesis is composed of four essays, providing insights and perspectives on the topic of access to credit and firm-level investment. It covers two subfields in economics: finance in developing countries and financing constraints in European agricultural markets. Chapter one provides a general introduction. Chapter two explores whether financial development reduces external financing constraints faced by firms ..Chapter three considers the effect of financial liberalisation on access to investment finance using firm-level data covering 57 developing and transition countries ... Chapters four and five investigate the effect of financial constraints on farm investment in Irish agriculture.