Data and code for: Indirect Effects of Access to Finance

Principal Investigator(s): View help for Principal Investigator(s) Jing Cai, University of Maryland; Adam Szeidl, Central European University

Version: View help for Version V1

Name	File Type	Size	Last Modified
Data and Do-file			07/03/2024 09:19:PM
readme.pdf	application/pdf	19 KB	07/03/2024 05:17:PM

Project Citation:

Cai, Jing, and Szeidl, Adam. Data and code for: Indirect Effects of Access to Finance. Nashville, TN: American Economic Association [publisher], 2024. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2024-07-10. https://doi.org/10.3886/E197302V1

Project Description

Summary:

We created experimental variation across markets in China in the share of firms having access to a new loan product. Access to finance had a large positive direct effect on the performance of treated firms, but a similar-sized negative indirect effect on that of firms with treated competitors, leading to non-detectable gains in producer surplus. Access to finance had a positive direct effect on business quality and consumer satisfaction, and a negative effect on price, which were not offset by indirect effects, implying net gains in consumer surplus. We document other indirect effects and combine effects in a welfare evaluation.

Scope of Project

JEL Classification:
      D22 Firm Behavior: Empirical Analysis
      G21 Banks; Depository Institutions; Micro Finance Institutions; Mortgages
      L20 Firm Objectives, Organization, and Behavior: General

Geographic Coverage: China

Related Publications

Download this project

Published Versions

V1 [2024-07-10]

Export Metadata

Dublin Core

DDI 2.5

Report a Problem

Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.

This material is distributed exactly as received from the data depositor. As of April 2026, depositors are required to submit study materials in accessible formats. ICPSR has not reviewed, checked, or processed this material. For additional information about the study, please contact the investigator(s) directly. If you have questions about the accessibility of materials distributed by ICPSR or require further assistance, please visit ICPSR's Accessibility Center.