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• W2169124658 abstract "A conceptual framework for analyzing the credit rationing and the link between credit access and profitability is developed. The empirical analysis using data from manufacturing firms in Bulgaria, provides direct estimates of credit rationing and its impact on profitability in transition economies. The results from the switching regression suggest that the presence of credit market constraints does impinge on profitability of credit rationed firms and support the credit crunch hypothesis for periods following the financial market collapse as a result of previous soft budget constraints." @default.
• W2169124658 created "2016-06-24" @default.
• W2169124658 creator A5067317822 @default.
• W2169124658 date "2002-01-01" @default.
• W2169124658 modified "2023-09-28" @default.
• W2169124658 title "Budget Constraints And Profitability: Evidence From A Transition Economy" @default.
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• W2169124658 doi "https://doi.org/10.2139/ssrn.301039" @default.
• W2169124658 hasPublicationYear "2002" @default.
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