We examine the effect of regional favoritism on the access of firms to credit. Using firm-level data on a large sample of 29,000 firms covering 47 countries, we investigate the hypothesis that firms in the birth regions of national political leaders have better access to credit. Our evidence suggests that firms located in birth regions of political leaders are less likely to be credit constrained. We further find that firms in leader regions feel less discouraged in applying for loans and also get preferential lending from banks.

中文翻译：

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获得信贷的地区偏袒

我们研究了地区偏袒对企业获得信贷的影响。我们利用涵盖 47 个国家的 29,000 家公司的大样本的公司级数据，研究了这样一个假设：国家政治领导人出生地区的公司更容易获得信贷。我们的证据表明，位于政治领导人出生地区的企业不太可能受到信贷限制。我们进一步发现，领先地区的企业在申请贷款方面不那么气馁，并且还可以从银行获得优惠贷款。