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Access to finance: The role of production level technology
Finance Research Letters ( IF 7.4 ) Pub Date : 2024-11-13 , DOI: 10.1016/j.frl.2024.106460
Nirosha Wellalage, Damien Wallace, Krishna Reddy

The integration of robots and advanced technology in firm-level production processes represents a transformative shift in modern industrial practices. However, there is a lack of cumulative knowledge about the advancement of technology in the production processes affects mitigating the gender gap. Through the lens of financial accessibility, the study investigates how technological advancements influence firms' capacity to secure external financing and get large loans. Using the 2020 WorldBank Enterprises Survey data and a probit model for the analysis, our results suggest that industry robots and a high level of technology in production have the potential to reduce the gender gap in loan approvals. The findings of this have implications for decision-makers and policymakers, seeking to navigate the evolving landscape of technology-driven production and finance to enhance productivity and inclusivity.

中文翻译:


获得资金:生产级技术的作用



机器人和先进技术在企业生产流程中的整合代表了现代工业实践的变革性转变。然而,缺乏关于生产过程中技术进步影响缩小性别差距的累积知识。通过金融可及性的角度,该研究调查了技术进步如何影响公司获得外部融资和获得大额贷款的能力。使用 2020 年世界银行企业调查数据和概率模型进行分析,我们的结果表明,工业机器人和高水平的生产技术有可能缩小贷款审批中的性别差距。研究结果对决策者和政策制定者具有意义,他们寻求驾驭不断发展的技术驱动型生产和金融格局,以提高生产力和包容性。
更新日期:2024-11-13
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