英文文献：Exploring Multidimensional Financial Inclusion and Manufacturing Firms Performance in a Developing Country: The Case of Nigeria-探索多维金融包容性和发展中国家制造业企业绩效:以尼日利亚为例
英文文献作者：Uchenna Efobi,Belmondo V. Tanankem,Simplice Asongu,Ibukun Beecroft
英文文献摘要：
This study used the matching technique to explore the impact of financial inclusion on the performance of manufacturing firms in Nigeria. Most studies that have considered financial inclusion have largely focused on household access to the services of financial institutions, but have inadvertently underexplored the impact on the performance of firms, especially in developing countries like Nigeria. On the one hand, financial inclusion is measured using a multidimensional measure, which includes (i) firms having between 20-40 percent of their working capital financed through borrowing from the bank; (ii) firms having an overdraft facility to finance their operation and (iii) firms having a line of credit or loan from a financial institution. On the other hand, firm performance is measured using the lag total annual sales value of the firm in local currency unit. From the matching estimation, we find that whereas firms perform better with the aid of access to bank services, the extent differs in relation to the type of access they have. We interpret these results as showing that financial deepening increases firms’ performance only dependent on the type of financial inclusion that is being observed.

本研究使用匹配技术来探讨金融包容性对尼日利亚制造企业绩效的影响。大多数考虑金融包容性的研究主要关注家庭获得金融机构服务的机会，但无意中忽视了对企业业绩的影响，尤其是在尼日利亚等发展中国家。一方面，金融包容性是通过多维指标衡量的，其中包括(i)通过向银行借款获得20- 40%营运资本的企业;(ii)拥有透支业务融资能力的企业和(iii)拥有金融机构信贷或贷款额度的企业。另一方面，企业绩效是用企业以当地货币单位计算的滞后年度销售总值来衡量的。从匹配估计中，我们发现，尽管企业在获得银行服务的帮助下表现更好，但其程度与获得银行服务的类型有关。我们将这些结果解释为，金融深化只取决于所观察到的金融包容性类型，从而提高了企业的绩效。