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SBA-loan guarantees and local economic growth Author info | Abstract | Publisher info | Download info | Related research | Statistics Ben R. Craig
William E. Jackson, III
James B. Thomson
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Increasingly policymakers are looking to the small business sector as a potential engine of economic growth. Policies to promote small businesses include tax relief, direct subsidies, and indirect subsidies through government lending programs. Encouraging lending to small business is the primary policy objective of the Small Business Administration (SBA) loan-guarantee program. Using a panel data set of SBA-guaranteed loans we assess whether SBA-guaranteed lending has an observable impact on local and regional economic performance.
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Paper provided by Federal Reserve Bank of Cleveland in its series Working Paper with number
0503.
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Date of creation: 2005Date of revision:
Handle: RePEc:fip:fedcwp:0503Contact details of provider: Postal: 1455 East 6th St., Cleveland OH 44114 Phone: 216.579.2000 Web page: http://www.clevelandfed.org/ More information through EDIRC
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Keywords: Small business Economic development Loans Small Business Administration Other versions of this item:
This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Cowling, Marc & Mitchell, Peter, 2003.
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"On SBA-guaranteed lending and economic growth ,"
Working Paper
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[Downloadable!]
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Ben R. Craig & James B. Thomson, 2001.
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Working Paper
0112, Federal Reserve Bank of Cleveland.
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Iichiro Uesugi & Koji Sakai & Guy M. Yamashiro, 2006.
"Effectiveness of Credit Guarantees in the Japanese Loan Market ,"
Discussion papers
06004, Research Institute of Economy, Trade and Industry (RIETI).
[Downloadable!]
Ben R. Craig & William E. Jackson, III & James B. Thomson, 2007.
"On government intervention in the small-firm credit market and its effect on economic performance ,"
Working Paper
0702, Federal Reserve Bank of Cleveland.
[Downloadable!]
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