This paper investigates the rationale for statistical discrimination and networks effects in the allocation of supplier credit and examines the role they may play in favoring market participation and, hence, the emergence and persistence of ethnicity homogenous business groups. It shows that members of a successful business group may rationally choose not to grant trade credit to members of other ethnic communities if the latter are, on average, less...
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详细
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1998/02/01
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工作文件（编号系列）
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33725
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1
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1
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2010/07/01
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Disclosed
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Ethnicity and markets : supplier credit in African manufacturing
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trade credit