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Autor
Nehrebecka Natalia (Narodowy Bank Polski; Uniwersytet Warszawski), Białek-Jaworska Anna (Uniwersytet Warszawski)
Tytuł
Efekt redystrybucji oszczędności za pośrednictwem kanału kredytu handlowego
Redistribution Effect of Savings Through the Channel of Trade Credit
Źródło
Nauki o Finansach / Uniwersytet Ekonomiczny we Wrocławiu, 2016, nr 1 (26), s. 81-109, rys., tab., bibliogr. 42 poz.
Financial Sciences / Uniwersytet Ekonomiczny we Wrocławiu
Słowa kluczowe
Oszczędności, Kredyt handlowy, Zatory płatnicze, Redystrybucja, Modele panelowe, Model wektorowej autoregresji, Kredyt bankowy
Savings, Commercial credit, Payment delays, Redistribution, Panel model, Vector Autoregression Model (VAR), Bank credit
Uwagi
streszcz., summ.
Abstrakt
Celem artykułu jest analiza efektu redystrybucji oszczędności od sprzedawcy do nabywcy za pośrednictwem kanału kredytu handlowego z uwzględnieniem potencjalnych skutków w postaci zatorów płatniczych. Analizę przeprowadzono na podstawie jednostkowych danych panelowych niezbilansowanych przedsiębiorstw, zatrudniających co najmniej 10 pracowników, zawartych w rocznych sprawozdaniach GUS F-02 z lat 1995-2012 (528 780 obserwacji). W badaniu wykorzystano panelowy model wektorowej autoregresji (pVAR). Wykazano efekt redystrybucji oszczędności przedsiębiorstw poprzez kanał kredytu handlowego udzielanego przez dostawców małym przedsiębiorstwom z niską płynnością.(abstrakt oryginalny)

The purpose of this article is to analyze the effect of redistributing of savings from the seller to the buyer through the channel of trade credit, taking into account the potential consequences in the form of gridlock. The analysis was conducted on the basis of individual panel data of unbalanced enterprises employing at least 10 workers contained in the annual reports GUS F-02 from the years 1995 to 2012 (528 780 observations). The study used a panel vector autoregression model (pVAR). The research proved the effect of savings redistribution of businesses through the channel of trade credit provided by suppliers to small businesses with low liquidity. sales (visible in the growth of debt), but also a decline in total sales.(original abstract)
Dostępne w
Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie
Biblioteka SGH im. Profesora Andrzeja Grodka
Biblioteka Główna Uniwersytetu Ekonomicznego w Katowicach
Biblioteka Główna Uniwersytetu Ekonomicznego w Poznaniu
Pełny tekst
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Bibliografia
Pokaż
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Cytowane przez
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ISSN
2080-5993
Język
pol
URI / DOI
http://dx.doi.org/10.15611/nof.2016.1.06
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