Customer market power and the provision of trade credit : evidence from Eastern Europe and Central Asia (anglais)

Statistics show that the sale of goods on credit is widespread among firms even when they are capital constrained and thus face relatively high costs in providing trade credit. This study provides an explanation for this by arguing that customers who possess strong market power are able to increase their customer surplus by demanding to purchase the goods on credit. This gain in customer surplus increases with the degree of asymmetric information...

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INFORMATION

Auteur

Van Horen,Neeltje;
Date du document
2007/07/01
Type de document
Document de travail de recherche sur les politiques
Numéro du rapport
WPS4284
Volume
1
Total Volume(s)
1
Pays
Europe et Asie centrale,
Région
Europe et Asie centrale,
Date de publication
2010/07/01
Disclosure Status
Disclosed
Titre du rapport
Customer market power and the provision of trade credit : evidence from Eastern Europe and Central Asia
Mots clé
trade credit

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Customer market power and the provision of trade credit : evidence from Eastern Europe and Central Asia (anglais)

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