Please use this identifier to cite or link to this item:
Title: Efeitos do BNDES Finame nas firmas brasileiras: uma análise de sobrevivência para os anos de 2002 a 2016
Authors: Pontifícia Universidade Católica do Paraná. Faculdade de Economia, Administração e Contabilidade
Keywords: Banco Nacional de Desenvolvimento Econômico e Social (Brasil) - Financiamento
Brazilian Development Bank (Brazil) - Financing
Créditos - Brasil - 2002-2016
Credit - Brazil - 2002-2016
Empresas - Brasil
Business enterprises - Brazil
Empréstimos - Brasil - 2002-2016
Loans - Brazil - 2002-2016
Análise econômico-financeira - Métodos estatísticos
Ratio analysis - Statistical methods
Modelos econométricos - Brasil
Econometric models - Brazil
Financiamento do desenvolvimento - Brasil
Development financing - Brazil
Issue Date: 2021
Publisher: Universidade de São Paulo. Faculdade de Economia, Administração e Contabilidade
Abstract: This paper seeks to analyze the effect of BNDES Finame credit program on the survival chances of Brazilian industrial firms, separated according to their size, between the years of 2002 and 2016. For this purpose, the methods of Propensity Score Matching and Survival Analysis are used. In addition, it will be used the following databases: the microdata from Relação Anual de Informações Sociais (RAIS); the international trade microdata from Ministério da Indústria, Comércio Exterior e Serviços (MDIC); the microdata of Financial Operations from BNDES, data from Central Bank of Brazil (BCB), and from the Industrial Research Report, from IBGE. The main result of this article is that companies that used BNDES FINAME had a longer life span than those that were not covered by it. However, these results are not found to large companies. In addition, the smaller the company, the greater the effect of this financing on its survival.
Other Identifiers:
Appears in Collections:BNDES em Foco - Artigos

Files in This Item:
There are no files associated with this item.

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.