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A Systems View Across Time and Space

Table 2 Classification of firms by alternative definition of credit constraint

From: Firm performance under financial constraints: evidence from sub-Saharan African countries

Definition

Constrained

Unconstrained

Total

Perception approach

2119 (59)

1475(41)

3594

Credit application information

1446 (47)

1609 (53)

3055

Use of formal financial institutions

2113 (59)

1481(41)

3594

Firm size

Small

Medium

Large

Percentage of constrained

62.90

56.94

48.51

Percentage of unconstrained

37.10

43.06

51.04

  1. Figures in brackets are percentages. The perception approach is used to classify firms as credit-constrained and unconstrained