TRADE CREDIT AND FINANCIAL CRISES IN KAZAKHSTAN

dc.contributor.authorAdilkhanova, Zarina
dc.contributor.authorNurlankul, Aruzhan
dc.contributor.authorToken, Aizat
dc.contributor.authorYavuzoglu, Berk
dc.date.accessioned2022-07-20T05:18:11Z
dc.date.available2022-07-20T05:18:11Z
dc.date.issued2022
dc.description.abstractThis paper studies the trade credit and delinquency behavior in Kazakhstan paying attention to the effects of two recent crises using a unique dataset of large firms and SMEs from the year 2009 to 2016. Our estimates suggest that the relationship between trade and bank credit is mainly substitutional except that it was complementary for large firms following the year 2014– 5 crisis. This new piece of evidence on the non-uniform relationship between trade and bank credit during crisis might provide more insight into the mixed findings in the literature. We also discern that trade credit demand is more prevalent among capital-intensive firms. Kazakhstani firms pass along a sizeable portion of their delinquent receivable to their trade credit suppliers. The transmission of trade credit delinquency, additionally, is amplified during the year 2014–5 economic crisis but the year 2009 global financial crisis.en_US
dc.identifier.citationAdilkhanova, Z., Nurlankul, A., Token, A., & Yavuzoglu, B. (2022). Trade credit and financial crises in Kazakhstan. Journal of Asian Economics, 80, 101472. https://doi.org/10.1016/j.asieco.2022.101472en_US
dc.identifier.urihttp://nur.nu.edu.kz/handle/123456789/6471
dc.language.isoenen_US
dc.publisherJournal of Asian Economicsen_US
dc.rightsAttribution-NonCommercial-ShareAlike 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/us/*
dc.subjectType of access: Open Accessen_US
dc.subjectTrade crediten_US
dc.subjectDelinquencyen_US
dc.subjectFinancial crisisen_US
dc.subjectLarge enterprisesen_US
dc.subjectSMEsen_US
dc.titleTRADE CREDIT AND FINANCIAL CRISES IN KAZAKHSTANen_US
dc.typeArticleen_US
workflow.import.sourcescience

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