Access to Trade Credit by Informal Firms in Ghana: Does Locating in Industrial Cluster and Holding Production/Supply Contract Matter?

Abstract

… This is the redistributive view of trade credit (Meltzer, 1960; Ogawa et al., 2013). The transaction cost theory states that firms may extend credit to other firms as a way of reducing transaction costs (Schwartz, 1974; Ferris, 1981) …