Credit and Employment Growth among Small Enterprises in Kenya

Eliud Dismas Moyi

doi:doi:10.11648/j.ijber.20130203.14

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Credit and Employment Growth among Small Enterprises in Kenya

Eliud Dismas Moyi

Received: Accepted: Published: 20 June 2013

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Abstract

Policy makers in Kenya expect micro and small enterprises to provide the bulk of new jobs created in the economy yet these enterprises face significant credit constraints. This study applied regression analysis to establish the link between the credit constraint and employment growth of small enterprises in Kenya. The results failed to confirm any important role for the credit constraint in limiting small firm employment growth. However, the credit constraint variable posted significant results when interacted with other variables such as access to workspace, access to technology and formality status of the enterprise. This was interpreted to mean that the marginal effect of the credit constraint on firm growth mainly depended on access to workspace, access to technology and formality status. This leads to the conclusion that the current emphasis on credit alone and the minimalist paradigm need to be re-evaluated.

DOI	10.11648/j.ijber.20130203.14
Published in	International Journal of Business and Economics Research (Volume 2, Issue 3, June 2013)
Page(s)	69-76
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Entrepreneurship, Credit, Economic Growth, Developing Economies

References

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Eliud Dismas Moyi. (2013). Credit and Employment Growth among Small Enterprises in Kenya. International Journal of Business and Economics Research, 2(3), 69-76. https://doi.org/10.11648/j.ijber.20130203.14

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Eliud Dismas Moyi. Credit and Employment Growth among Small Enterprises in Kenya. Int. J. Bus. Econ. Res. 2013, 2(3), 69-76. doi: 10.11648/j.ijber.20130203.14

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Eliud Dismas Moyi. Credit and Employment Growth among Small Enterprises in Kenya. Int J Bus Econ Res. 2013;2(3):69-76. doi: 10.11648/j.ijber.20130203.14

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@article{10.11648/j.ijber.20130203.14,
  author = {Eliud Dismas Moyi},
  title = {Credit and Employment Growth among Small Enterprises in Kenya},
  journal = {International Journal of Business and Economics Research},
  volume = {2},
  number = {3},
  pages = {69-76},
  doi = {10.11648/j.ijber.20130203.14},
  url = {https://doi.org/10.11648/j.ijber.20130203.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20130203.14},
  abstract = {Policy makers in Kenya expect micro and small enterprises to provide the bulk of new jobs created in the economy yet these enterprises face significant credit constraints. This study applied regression analysis to establish the link between the credit constraint and employment growth of small enterprises in Kenya. The results failed to confirm any important role for the credit constraint in limiting small firm employment growth. However, the credit constraint variable posted significant results when interacted with other variables such as access to workspace, access to technology and formality status of the enterprise. This was interpreted to mean that the marginal effect of the credit constraint on firm growth mainly depended on access to workspace, access to technology and formality status. This leads to the conclusion that the current emphasis on credit alone and the minimalist paradigm need to be re-evaluated.},
 year = {2013}
}

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TY  - JOUR
T1  - Credit and Employment Growth among Small Enterprises in Kenya
AU  - Eliud Dismas Moyi
Y1  - 2013/06/20
PY  - 2013
N1  - https://doi.org/10.11648/j.ijber.20130203.14
DO  - 10.11648/j.ijber.20130203.14
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 69
EP  - 76
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20130203.14
AB  - Policy makers in Kenya expect micro and small enterprises to provide the bulk of new jobs created in the economy yet these enterprises face significant credit constraints. This study applied regression analysis to establish the link between the credit constraint and employment growth of small enterprises in Kenya. The results failed to confirm any important role for the credit constraint in limiting small firm employment growth. However, the credit constraint variable posted significant results when interacted with other variables such as access to workspace, access to technology and formality status of the enterprise. This was interpreted to mean that the marginal effect of the credit constraint on firm growth mainly depended on access to workspace, access to technology and formality status. This leads to the conclusion that the current emphasis on credit alone and the minimalist paradigm need to be re-evaluated.
VL  - 2
IS  - 3
ER  -

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Author Information

Eliud Dismas Moyi

Macroeconomics Division, Kenya Institute for Public Policy Research and Analysis (KIPPRA), Nairobi, Kenya

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Eliud Dismas Moyi. (2013). Credit and Employment Growth among Small Enterprises in Kenya. International Journal of Business and Economics Research, 2(3), 69-76. https://doi.org/10.11648/j.ijber.20130203.14

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Eliud Dismas Moyi. Credit and Employment Growth among Small Enterprises in Kenya. Int. J. Bus. Econ. Res. 2013, 2(3), 69-76. doi: 10.11648/j.ijber.20130203.14

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AMA Style

Eliud Dismas Moyi. Credit and Employment Growth among Small Enterprises in Kenya. Int J Bus Econ Res. 2013;2(3):69-76. doi: 10.11648/j.ijber.20130203.14

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@article{10.11648/j.ijber.20130203.14,
  author = {Eliud Dismas Moyi},
  title = {Credit and Employment Growth among Small Enterprises in Kenya},
  journal = {International Journal of Business and Economics Research},
  volume = {2},
  number = {3},
  pages = {69-76},
  doi = {10.11648/j.ijber.20130203.14},
  url = {https://doi.org/10.11648/j.ijber.20130203.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20130203.14},
  abstract = {Policy makers in Kenya expect micro and small enterprises to provide the bulk of new jobs created in the economy yet these enterprises face significant credit constraints. This study applied regression analysis to establish the link between the credit constraint and employment growth of small enterprises in Kenya. The results failed to confirm any important role for the credit constraint in limiting small firm employment growth. However, the credit constraint variable posted significant results when interacted with other variables such as access to workspace, access to technology and formality status of the enterprise. This was interpreted to mean that the marginal effect of the credit constraint on firm growth mainly depended on access to workspace, access to technology and formality status. This leads to the conclusion that the current emphasis on credit alone and the minimalist paradigm need to be re-evaluated.},
 year = {2013}
}

Copy | Download

TY  - JOUR
T1  - Credit and Employment Growth among Small Enterprises in Kenya
AU  - Eliud Dismas Moyi
Y1  - 2013/06/20
PY  - 2013
N1  - https://doi.org/10.11648/j.ijber.20130203.14
DO  - 10.11648/j.ijber.20130203.14
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 69
EP  - 76
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20130203.14
AB  - Policy makers in Kenya expect micro and small enterprises to provide the bulk of new jobs created in the economy yet these enterprises face significant credit constraints. This study applied regression analysis to establish the link between the credit constraint and employment growth of small enterprises in Kenya. The results failed to confirm any important role for the credit constraint in limiting small firm employment growth. However, the credit constraint variable posted significant results when interacted with other variables such as access to workspace, access to technology and formality status of the enterprise. This was interpreted to mean that the marginal effect of the credit constraint on firm growth mainly depended on access to workspace, access to technology and formality status. This leads to the conclusion that the current emphasis on credit alone and the minimalist paradigm need to be re-evaluated.
VL  - 2
IS  - 3
ER  -

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