01942cas a2200241 a 4500 AALejournalIMF020975 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513545363 1018-5941 BD-DhAAL BD-DhAAL Hosny, Amr. Macro-Structural Obstacles to Firm Performance : Evidence from 2,640 Firms in Nigeria / Amr Hosny. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (21 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students A recent World Bank enterprise survey identified access to finance as the top constraint to Doing Business in Nigeria. In this context, the objective of this paper is two-fold: (i) study firm characteristics associated with more access to finance and export diversification; and (ii) quantify the impact of these structural obstacles on firm performance. Results suggest that (i) larger and export-oriented firms are about 40 percentage points less likely to report access to finance as a business obstacle, while firms perceiving access to finance as a constraint are, on average, about 10-40 percentage points less likely to be export-oriented diversified firms; and (ii) better access to finance and export diversification can help firm employment -as much as 80 percent higher- and capacity utilization. Results are largely robust to different specifications and estimation methods. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2020/062 Full text available on IMF http://elibrary.imf.org/view/journals/001/2020/062/001.2020.issue-062-en.xml IMF e-Library