Small and Medium Enterprises : A Cross-Country Analysis with a New Data Set

Ardic, Oya Pinar ; Mylenko, Nataliya ; Saltane, Valentina

关键词: ACCESS TO CREDIT;    ACCESS TO FINANCE;    ACCESS TO FINANCIAL SERVICES;    ACCESSIBILITY;    BANK ASSETS;   

DOI  :  10.1596/1813-9450-5538
RP-ID  :  WPS5538

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

In the aftermath of the global financialcrisis of 2008-2009, there has been an increased interest inthe role of small and medium enterprises in job creation andeconomic growth. However the lack of consistent indicatorsat the country level restricts extensive cross-countryanalyses of lending to small and medium enterprises. Thispaper introduces a new dataset to fill this gap in the smalland medium enterprise data landscape. In addition, itprovides the first set of results of analyses with this newdataset, predicting the global small and medium enterpriselending volume to be $10 trillion. The bulk of this volume,70 percent, is in high-income countries. On average, smalland medium enterprise loans constitute 13 percent of grossdomestic product in developed countries and 3 percent indeveloping countries. Note that although a unique small andmedium enterprise definition does not exist, differences indefinitions across countries are not statisticallysignificant in explaining the differences in small andmedium enterprise lending volumes.