RYU Asei    Department   Hiroshima shudo University  The Faculty of Economic Sciences    Position   Professor
Date	2017/12/09
Presentation Theme	Financial crises, bank lending, and trade credit: evidence from Chinese enterprises
Conference	The 13th International Conference on Asian Financial Markets and Economic Development Notification
Promoters	Nagasaki University
Conference Type	International
Presentation Type	Speech (General)
Contribution Type	Individual
Publisher and common publisher	◎Yajing Liu, Kenya Fujiwara.
Details	Using Chinese firm-level data from 2006~2014—which includes the period of the recent financial crisis—we test whether firms, particularly small and medium enterprises (SMEs) that are financially constrained, are more likely to use or depend on trade credit. We also compare enterprises by ownership structure to determine which type of enterprises use trade credit more than bank loans. We then study the effect of the financial crisis of 2008 to observe whether firms increased their use of trade credit right after the crisis.