EIB Working Papers 2020/04 - Making a difference

This paper investigates the impact of intermediated funding provided by the EIB on the performance of SMEs in the EU between 2008 and 2014. Using statistical analysis of firm-level data, it finds that EIB lending had a positive effect on employment, firm size, investment and innovation capacity, and...

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Autori principali: Gereben, Áron, Wolski, Marcin, Amamou, Raschid
Natura: Online
Lingua:inglese
Pubblicazione: European Investment Bank 2021
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Accesso online:OCN: 1238201726
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author Gereben, Áron
Wolski, Marcin
Amamou, Raschid
author_browse Amamou, Raschid
Gereben, Áron
Wolski, Marcin
author_facet Gereben, Áron
Wolski, Marcin
Amamou, Raschid
author_sort Gereben, Áron
collection Directory of Open Access Books
description This paper investigates the impact of intermediated funding provided by the EIB on the performance of SMEs in the EU between 2008 and 2014. Using statistical analysis of firm-level data, it finds that EIB lending had a positive effect on employment, firm size, investment and innovation capacity, and also increased firms' leverage. The impact of EIB funding was higher in the countries of Central and Eastern Europe and also in Southern Europe, while somewhat smaller, yet still significant, in West and North Europe.
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spelling doab-20.500.12854ir-361762025-03-28T03:26:25Z EIB Working Papers 2020/04 - Making a difference Gereben, Áron Wolski, Marcin Amamou, Raschid European Investment Bank Business & Economics Finance General thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry This paper investigates the impact of intermediated funding provided by the EIB on the performance of SMEs in the EU between 2008 and 2014. Using statistical analysis of firm-level data, it finds that EIB lending had a positive effect on employment, firm size, investment and innovation capacity, and also increased firms' leverage. The impact of EIB funding was higher in the countries of Central and Eastern Europe and also in Southern Europe, while somewhat smaller, yet still significant, in West and North Europe. 2021-02-10T14:33:27Z 2021-02-10T14:33:27Z 2020-12-15T13:29:24Z 2020 book OCN: 1238201726 https://library.oapen.org/handle/20.500.12657/43438 9789286145834 https://directory.doabooks.org/handle/20.500.12854/36176 eng open access image/jpeg image/jpeg image/jpeg image/jpeg n/a n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/43438/1/external_content.pdf https://library.oapen.org/bitstream/20.500.12657/43438/1/external_content.pdf https://library.oapen.org/bitstream/20.500.12657/43438/1/external_content.pdf https://library.oapen.org/bitstream/20.500.12657/43438/1/external_content.pdf European Investment Bank European Investment Bank https://doi.org/10.2867/440965 https://doi.org/10.2867/440965 feca012f-a3d8-4aac-95aa-b6cf4bdbed7c Knowledge Unlatched 9789286145834 Knowledge Unlatched (KU) European Investment Bank open access
spellingShingle Business & Economics
Finance
General
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
Gereben, Áron
Wolski, Marcin
Amamou, Raschid
EIB Working Papers 2020/04 - Making a difference
title EIB Working Papers 2020/04 - Making a difference
title_full EIB Working Papers 2020/04 - Making a difference
title_fullStr EIB Working Papers 2020/04 - Making a difference
title_full_unstemmed EIB Working Papers 2020/04 - Making a difference
title_short EIB Working Papers 2020/04 - Making a difference
title_sort eib working papers 2020 04 making a difference
topic Business & Economics
Finance
General
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
topic_facet Business & Economics
Finance
General
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
url OCN: 1238201726
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