Republic of Estonia : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

March 9, 2009

Electronic Access:

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Summary:

This Selected Issues paper focuses on financing constraints and productivity in Estonia. The paper examines two questions: (1) is there evidence of financing constraints among Estonian firms; and (2) have financing constraints reduced firm-level total factor productivity (TFP)? These questions are particularly important in the current environment, in which credit growth in Estonia has slowed down considerably and firms may face increasing financing constraints that could dampen growth. The paper also provides empirical evidence on the existence of financing constraints among Estonian firms.

Series:

Country Report No. 09/85

Subject:

English

Publication Date:

March 9, 2009

ISBN/ISSN:

9781451812541/1934-7685

Stock No:

1ESTEA2009001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

34

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