{"type":"script","doc_desc":{"producers":[{"name":"Reproducibility WBG","affiliation":"\t World Bank - Development Impact Department","role":"Verification and preparation of metadata","abbr":"DIME"}],"prod_date":"2024-07-02","version":"1"},"project_desc":{"output":[{"type":"Working Paper","title":"Can Public Credit Schemes Improve Access to Finance for Small Businesses? Evidence from Indonesia","authors":"Salman Alibhai, Hillary C. Johnson, Cecile Thioro Niang, Francesco Strobbe","description":"Policy Research Working Paper (PRWP) WPS10894","uri":"http:\/\/documents.worldbank.org\/curated\/en\/099257009042435538\/IDU12698ff2e1c4be1400518dec1e349ef771a96","doi":"https:\/\/doi.org\/10.1596\/1813-9450-10894"}],"datasets":[{"name":"World Development Indicators (WDI)","uri":"https:\/\/databank.worldbank.org\/source\/world-development-indicators ","note":"Source: World Bank\nData from 2012-2022 is used to construct figure 1 and is included in \"Figures 1 2 and 3.xlsx\".\n\n","access_type":"Published with package"},{"name":"Indonesia\u2019s Financial Services Authority (OJK)","note":"This dataset is publicly available for free from the Indonesia\u2019s Financial Services Authority (OJK). It includes commercial and sharia lending volumes and lending accounts for MSMEs. Data from 2012-2022 can be downloaded in the data URL. Users must download the zip files containing \u201cIndonesia Financial System Statistics of Bank Indonesia (SSKI)\u201d for different periods. Data from 2012-2022 is used to construct figure 2 and 3 and is included in \"Figures 1 2 and 3.xlsx\".","uri":"https:\/\/www.ojk.go.id\/en\/kanal\/perbankan\/data-dan-statistik\/statistik-perbankan-indonesia\/Default.aspx","access_type":"The dataset is public and not included in the package."},{"name":"Survey of Businesses Receiving The People's Business Credit (2021)","note":"Located: \\Survey of KUR borrowers\nFilenames: rf15_deidentified.dta\nbi03_deidentified.dta\nbi03_deidentified_replication.dta\nbi05_deidentified.dta\nbi05_deidentified_replication.dta\nbi08_deidentified.dta\nmain_deidentified.dta\nmain_deidentified_replication.dta\nrf05_deidentified.dta\nrf05_deidentified_replication.dta\n\nThis data was collected for the purpose of this study. The data collection used the SIKP database as a sampling frame to draw a nationally representative sample of KUR borrowers using probability proportional to size methodology. The data was collected over the phone in January and February 2021 for 1,402 KUR borrowers. ","access_type":"The dataset is licensed and not included in the package. Data can be downloaded in the data URL. Users must go to the following link, download the files and save it in the \"Survey of KUR borrowers\" folder\n","uri":"https:\/\/microdata.worldbank.org\/index.php\/catalog\/6282"},{"name":"World Bank Enterprise Surveys (2023)","note":"Located at: wbes\\Indonesia-2023-full-data.dta\nData should be downloaded from the following link and then placed in the Data folder with the same naming convention. ","access_type":"The dataset is public but not included in the package. Data can be downloaded in the data URL.","uri":"https:\/\/login.enterprisesurveys.org\/content\/sites\/financeandprivatesector\/en\/signin.html?resource=%2Fcontent%2Fsites%2Ffinanceandprivatesector%2Fen%2Flibrary%2Flibrary-detail.html%2Fcontent%2Fdam%2Fwbgassetshare%2Fenterprisesurveys%2Feconomy%2Findonesia%2FIndonesia-2023-full-data.dta&$$login$$=%24%24login%24%24&j_reason=unknown&j_reason_code=unknown"},{"name":"Sistem Informasi Kredit Program (SIKP) database","note":"This dataset includes data on over 8 million borrowers from the KUR Program. The KUR Program data in the SIKP are confidential and belong to the Indonesia Coordinating Ministry for Economic Affairs. The authors do not have the rights to publish or distribute this dataset and no longer had access to it at the time of working paper submission.\nAccess was received through a confidential data sharing agreement, and interested parties should contact the KUR program committee within the Indonesia Coordinating Ministry for Economic Affairs to inquire about access to the data. ","access_type":"The data is confidential and not included in the package."}],"title_statement":{"idno":"RR_IDN_2024_151","title":"Reproducibility package for Can Public Credit Schemes Improve Access to Finance for Small Businesses? Evidence from Indonesia"},"abstract":"Examining one of the world\u2019s largest public business support programs, this paper studies how subsidized credit and partial credit guarantees shape access to finance for micro and small businesses in Indonesia. Using administrative data on over 8.4 million borrowers and unique quantitative and qualitative data, we find that subsidized credit can enable firms to access formal credit for the first time and boost financial inclusion. However, we do not find evidence that subsidized credit can alleviate longer-term credit constraints by serving as a stepping-stone to unsubsidized commercial credit. Our results also highlight the challenge of reaching borrowers without collateral, even in programs that explicitly target them using instruments such as partial credit guarantees. The paper sheds light on how public credit schemes for small businesses can be designed to optimize inclusiveness and additionality.","geographic_units":[{"name":"Indonesia","code":"IDN","type":"Country"}],"keywords":[{"name":"Government credit programs"},{"name":"Subsidized credit"},{"name":"Partial credit guarantees"},{"name":"Micro-small and medium enterprises"},{"name":"Financial inclusion"}],"topics":[{"id":"G21","name":"Banks \u2022 Depository Institutions \u2022 Micro Finance Institutions \u2022 Mortgages","parent_id":"G2","uri":"https:\/\/www.aeaweb.org\/econlit\/jelCodes.php?view=jel","vocabulary":"Journal of Economic Literature (JEL)"},{"id":"H81","name":"Governmental Loans \u2022 Loan Guarantees \u2022 Credits \u2022 Grants \u2022 Bailouts","parent_id":"H8","uri":"https:\/\/www.aeaweb.org\/econlit\/jelCodes.php?view=jel","vocabulary":"Journal of Economic Literature (JEL)"},{"id":"E43","name":"Interest Rates: Determination, Term Structure, and Effects","parent_id":"E4","uri":"https:\/\/www.aeaweb.org\/econlit\/jelCodes.php?view=jel","vocabulary":"Journal of Economic Literature (JEL)"}],"language":[{"name":"English","code":"EN"}],"software":[{"name":"Stata","version":"18 MP"}],"scripts":[{"file_name":"RR_IDN_2024_151.zip","zip_package":"RR_IDN_2024_151.zip","title":"Reproducibility package (partial data and code) for Can Public Credit Schemes Improve Access to Finance for Small Businesses?","dependencies":"All dependencies are stored in the ado folder.","instructions":"See README in the reproducibility package.","notes":"Computational reproducibility verified by Development Impact (DIME) Analytics team, World Bank","date":"2024-06"}],"repository_uri":[{"name":"Reproducible Research Repository (World Bank)","uri":"https:\/\/reproducibility.worldbank.org"}],"technology_environment":"Paper exhibits were reproduced in a computer with the following specifications:\n\u2022 OS: Windows 11 Enterprise, version 21H2\n\u2022 Processor: Intel(R) Xeon(R) Gold 6226R CPU @ 2.90GHz, 16 Core(s)\n\u2022 Memory available: 15.7 GB\n\u2022 Software version: Stata 18","technology_requirements":"~30 minutes runtime","reproduction_instructions":"For successful replication of this package, new users have to obtain data access. To run the code from the beginning, users need to obtain full access to all data sources. Once accessed, they should name the files following the conventions outlined in the README and data entry documentation, and correctly place these files into the designated folder. After that users must update the directory paths and run the main do file. ","disclaimer":"The materials in the reproducibility packages are distributed as they were prepared by the staff of the International Bank for Reconstruction and Development\/The World Bank. The findings, interpretations, and conclusions expressed in this event do not necessarily reflect the views of the World Bank, the Executive Directors of the World Bank, or the governments they represent. The World Bank does not guarantee the accuracy of the materials included in the reproducibility package.","license":[{"name":"Modified BSD3","uri":"https:\/\/opensource.org\/license\/bsd-3-clause\/"}],"contacts":[{"name":"Reproducibility WBG","affiliation":"World Bank","email":"reproducibility@worldbank.org"},{"name":"Hillary C. Johnson","affiliation":"World Bank","email":"hjohnson1@worldbank.org"}],"authoring_entity":[{"name":"Salman Alibhai","affiliation":"World Bank","email":"aalibhai@worldbank.org"},{"name":"Hillary C. Johnson","affiliation":"World Bank","email":"hjohnson1@worldbank.org"},{"name":"Cecile Thioro Niang","affiliation":"World Bank","email":"cniang@worldbank.org"},{"name":"Francesco Strobbe","affiliation":"World Bank","email":"fstrobbe@worldbank.org"}],"production_date":"2024-06","data_statement":"Some data is confidential and has not been included in the reproducibility package. For more details, please refer to the README file."},"tags":[{"tag":"DOI"}],"schematype":"script"}