This paper tests the efficiency of different structures of bank ownership in terms of its ability to target manufacturing sectors in need of credit. We find that state- owned banks do not play a significant role in the development of industries that rely more on external finance and/or that have less tangible assets to pledge as collateral.
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ACROBAT
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en
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IDB Working Paper Series
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Setor Financeiro
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Financial Sector
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Sector financiero
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Economia
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Economics
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Economía
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WP-483
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Do State-Owned Banks Promote Growth?: Cross-Country Evidence for Manufacturing Industries