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Panorama du financement du tissu productif français de 2012 à 2021

Author

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  • Christine Bonnery
  • Guillaume Richet-Bourbousse

Abstract

The French economy is dynamic. For ten years, despite two macroeconomic shocks that were immense, both because of how close together they came and their size, the real economy has benefited from positive and balanced financing flows, in particular under the umbrella of the central bank. The number of companies has grown and they have created jobs and added value to the economy. The French productive system is moving towards larger numbers of smaller (individual) firms . At the same time labor productivity has increased. Questions are now arising given the current economic context of a third economic shock with the war in Ukraine and the corresponding return of inflation. Nevertheless, French companies, taken as a whole, have demonstrated their resilience in the past and are continuing to demonstrate it presently, as does the financial system with the ongoing involvement of the central banks. JEL Classification: D22, D24, D25, L23.

Suggested Citation

  • Christine Bonnery & Guillaume Richet-Bourbousse, 2023. "Panorama du financement du tissu productif français de 2012 à 2021," Revue d'économie financière, Association d'économie financière, vol. 0(2), pages 19-33.
  • Handle: RePEc:cai:refaef:ecofi_150_0019
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    More about this item

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • D25 - Microeconomics - - Production and Organizations - - - Intertemporal Firm Choice: Investment, Capacity, and Financing
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production

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