Duranton, Gilles
Effects of Land Misallocation on Capital Allocations in India Duranton, Gilles. [electronic resource] / Duranton, Gilles. - Washington, D.C. : The World Bank, 2015. - 1 online resource (89 p.) - Policy research working papers. World Bank e-Library. .
Growing research and policy interest focuses on the misallocation of output and factors of production in developing economies. This paper considers the possible misallocation of financial loans. Using plant-level data on the organized and unorganized sectors, the paper describes the temporal, geographic, and industry distributions of financial loans. The focus of the analysis is the hypothesis that land misallocation might be an important determinant of financial misallocation (for example, because of the role of land as collateral against loans). Using district-industry variations, the analysis finds evidence to support this hypothesis, although it does not find a total reduction in the intensity of financial loans or those being given to new entrants. The analysis also considers differences by gender of business owners and workers in firms. Although potential early gaps for businesses with substantial female employment have disappeared in the organized sector, a sizeable and persistent gap remains in the unorganized sector.
10.1596/1813-9450-7451
Access to banking
Access to credit
Access to external finance
Access to finance
Access to financial services
Access to formal credit
Access to formal finance
Access to loans
Asymmetric information
Bank branches
Bank credit
Bank financing
Bank loan
Bank loans
Banking
Banking services
Banks
Banks and banking reform
Biases
Borrower
Borrowers
Borrowing
Business owners
Business plans
Capital
Co-operative banks
Collateral
Collateral requirements
Collateral support
Commercial banks
Cost of capital
Credit
Credit bureaus
Credit information
Credit market
Credit markets
Credit policy
Credit registries
Credit risk
Credit support
Credit-worthiness
Creditworthiness
Debt collectors
Debt markets
Directed credit
Disparities in access
Econometrics
Economic activity
Economic growth
Economic policy
Economics
Employment
Enterprise
Enterprise development
Entrepreneur
Entrepreneurs
Entrepreneurship
Equity
Exclusion
External finance
External financing
Finance and financial sector development
Financial access
Financial deepening
Financial depth
Financial development
Financial institutions
Financial integration
Financial markets
Financial sector
Financial sector development
Financial services
Financial strength
Financing
Fixed assets
Formal credit
Formal finance
Gender
Gender inequality
Government policy
Governments
Guarantee
Households
Housing
Human capital
Inequality
Information sharing
Infrastructure
Intangible assets
Interest expense
Interest payment
Interest rate
Investment
Issue of access
Job creation
Labor
Labor market
Labor markets
Lack of collateral
Land markets
Lenders
Lending
Liberalization
Loan
Loan access
Loan demand
Loans
Macroeconomics
Marginal revenue
Market value
Markets
Micro enterprises
Micro-credit
Micro-enterprises
Micro-entrepreneurs
Micro-finance
Micro-finance institutions
Microfinance
Monetary policy
Money lenders
Net value
Outreach
Outstanding loan
Outstanding loans
Overdraft
Personal assets
Private enterprise
Private enterprises
Profitability
Property
Real estate
Repossession
Reserve bank of india
Resource allocation
Revenue
Risk
Risk perception
Rural bank
Rural bank branches
Services
Sizes of loan
Small business
Small business owners
Small businesses
Strategies
Tangible assets
Taxes
Trade credit
Trade credits
Transport
Union
Urban areas
Value
Villages
Water & industry
Water resources
Water supply
Working capital
Effects of Land Misallocation on Capital Allocations in India Duranton, Gilles. [electronic resource] / Duranton, Gilles. - Washington, D.C. : The World Bank, 2015. - 1 online resource (89 p.) - Policy research working papers. World Bank e-Library. .
Growing research and policy interest focuses on the misallocation of output and factors of production in developing economies. This paper considers the possible misallocation of financial loans. Using plant-level data on the organized and unorganized sectors, the paper describes the temporal, geographic, and industry distributions of financial loans. The focus of the analysis is the hypothesis that land misallocation might be an important determinant of financial misallocation (for example, because of the role of land as collateral against loans). Using district-industry variations, the analysis finds evidence to support this hypothesis, although it does not find a total reduction in the intensity of financial loans or those being given to new entrants. The analysis also considers differences by gender of business owners and workers in firms. Although potential early gaps for businesses with substantial female employment have disappeared in the organized sector, a sizeable and persistent gap remains in the unorganized sector.
10.1596/1813-9450-7451
Access to banking
Access to credit
Access to external finance
Access to finance
Access to financial services
Access to formal credit
Access to formal finance
Access to loans
Asymmetric information
Bank branches
Bank credit
Bank financing
Bank loan
Bank loans
Banking
Banking services
Banks
Banks and banking reform
Biases
Borrower
Borrowers
Borrowing
Business owners
Business plans
Capital
Co-operative banks
Collateral
Collateral requirements
Collateral support
Commercial banks
Cost of capital
Credit
Credit bureaus
Credit information
Credit market
Credit markets
Credit policy
Credit registries
Credit risk
Credit support
Credit-worthiness
Creditworthiness
Debt collectors
Debt markets
Directed credit
Disparities in access
Econometrics
Economic activity
Economic growth
Economic policy
Economics
Employment
Enterprise
Enterprise development
Entrepreneur
Entrepreneurs
Entrepreneurship
Equity
Exclusion
External finance
External financing
Finance and financial sector development
Financial access
Financial deepening
Financial depth
Financial development
Financial institutions
Financial integration
Financial markets
Financial sector
Financial sector development
Financial services
Financial strength
Financing
Fixed assets
Formal credit
Formal finance
Gender
Gender inequality
Government policy
Governments
Guarantee
Households
Housing
Human capital
Inequality
Information sharing
Infrastructure
Intangible assets
Interest expense
Interest payment
Interest rate
Investment
Issue of access
Job creation
Labor
Labor market
Labor markets
Lack of collateral
Land markets
Lenders
Lending
Liberalization
Loan
Loan access
Loan demand
Loans
Macroeconomics
Marginal revenue
Market value
Markets
Micro enterprises
Micro-credit
Micro-enterprises
Micro-entrepreneurs
Micro-finance
Micro-finance institutions
Microfinance
Monetary policy
Money lenders
Net value
Outreach
Outstanding loan
Outstanding loans
Overdraft
Personal assets
Private enterprise
Private enterprises
Profitability
Property
Real estate
Repossession
Reserve bank of india
Resource allocation
Revenue
Risk
Risk perception
Rural bank
Rural bank branches
Services
Sizes of loan
Small business
Small business owners
Small businesses
Strategies
Tangible assets
Taxes
Trade credit
Trade credits
Transport
Union
Urban areas
Value
Villages
Water & industry
Water resources
Water supply
Working capital