Abstract

COTLER, Pablo. Crédito de proveedores, tamaño de empresa e informalidad. El trimestre econ [online]. 2015, vol.82, n.327, pp.559-582. ISSN 2448-718X.

Compared to Latin American countries, bank penetration in Mexico is very low and trade credit is a very important source of financing. Taking these facts into account, conventional wisdom suggests that trade credit is important because banks lend too little to small and medium firms. Using data provided by a recent national survey in Mexico we find that -contrary to conventional wisdom- the most likely firms to use trade credit are big, formal and with access to banking credit. Further, once we analyze the determinants of the value of trade credit we find that informality also affects the value of such type of financing.

Keywords : crédito de proveedores; bancos; México.

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