It takes the average reader and 22 minutes to read India’s Banks: Lending to Productive Firms? by Siddharth George
Assuming a reading speed of 250 words per minute. Learn more
Capital misallocation is widely thought to be an important factor underpinning productivity and income gaps between advanced and emerging economies. This paper studies how well Indian banks allocate capital across firms with varying levels of productivity. The analysis reveals that the link between productivity and bank credit growth is weaker for firms with significant ties to public sector banks, especially in years when public sector banks represent a large share of new credit. Large flows of credit to unproductive firms represent important missed growth opportunities for more productive firms. These results suggest that measures to improve governance of public sector banks, potentially including privatization, would help reduce capital misallocation.
India’s Banks: Lending to Productive Firms? by Siddharth George is 22 pages long, and a total of 5,544 words.
This makes it 7% the length of the average book. It also has 7% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 30 minutes to read India’s Banks: Lending to Productive Firms? aloud.
India’s Banks: Lending to Productive Firms? is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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