Government guaranteed small business loans and regional growth
Abstract
null null This paper examines the impact of government guaranteed small business loans on regional growth. I construct a metro-level panel of the Small Business Administration's guaranteed loans and examine economic growth between 1993 and 2002, across 316 metro areas in the US. A simple OLS regression finds a significant positive relationship between small business loans and regional growth. However, first-difference and instrumental variable...
Paper Details
Title
Government guaranteed small business loans and regional growth
Published Date
Jan 1, 2018
Volume
33
Issue
1
Pages
70 - 83
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