The economic impacts of late payment

Paul Hopkins; Kenny Richmond; Kevin Kane

The economic impacts of late payment

Paul Hopkins, Kenny Richmond, Kevin Kane

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Abstract

This short paper presents an overview of existing evidence about the impact and consequences for companies who are paid later by their customers than agreed terms. It sets out evidence on the causes of late payment, impacts of late payment on companies and the economy and concludes by setting out potential policy responses.

Original language	English
Pages (from-to)	60-64
Number of pages	5
Journal	Fraser of Allander Economic Commentary
Volume	41
Issue number	3
Publication status	Published - 12 Sept 2017

Keywords

Scottish economics
Scottish governance
economic analysis

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FEC_41_3_2017_HopkinsPRichmondKFinal published version, 331 KB

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KW - Scottish governance

KW - economic analysis

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The economic impacts of late payment

Abstract

Keywords

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