Access to External Financing and Firm Growth (CR 2014)

The study presents analyses on the financial constraints faced by firms during the recent crisis, the impact of the constraints on firm growth through various channels, and the extent to which financial constraints can be linked to market imperfections. It addresses policies that assist domestic firms in obtaining access to external finance and support firm growth. The project is part of the WIFO-led Framework Contract and provides one of the background studies for the European Competitiveness Report 2014. It is conducted in cooperation with ESRI.