• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Trade Credit: Panel Data Analysis

Student: Kseniia Lapshina

Supervisor: Valeriya Vladimirovna Lakshina

Faculty: Faculty of Economics

Educational Programme: Economics (Bachelor)

Year of Graduation: 2017

This paper aims to define the relationship between trade and bank credits during monetary constraints and explain the role of trade credit mechanism in the transmission of monetary policy to the real sector of the economy. The close investigation of the dynamics of trade credits may help to develop policy measures to support SMEs in periods of recessions that constitutes the relevance of the future research. I intend to use panel data for 16 emerging countries and seven-year time period to study the dynamics of trade receivables and trade payables during and after financial crisis of 2008. The research expects to apply methods of descriptive statistics, correlation, cluster and regression analyses. The compilation of the dataset, all calculations and estimation of regressions are made with the help of computer programmes MS Excel, Eviews 8 and R. The results suggest the indicator of the availability of bank credit to be positively correlated with the trade credits provided and received that is consistent with the concept of complementarity between bank and trade credits.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses