INVESTMENTS AND PROPERTY RIGHTS IN RUSSIA: EVIDENCE FROM SMALL FIRMS IN SAMARA

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This study establishes empirically that the financial restrictions faced by micro and small entrepreneurs in Russia influence their investment decisions. Survey data from 305 entrepreneurs are used to identify credit market imperfections resulting from asymmetric information.

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http://hdl.handle.net/123456789/534719

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https://ageconsearch.umn.edu/record/20739/files/sp01ha03.pdf

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University of Minnesota