The economic impacts of late payment

Paul Hopkins, Kenny Richmond, Kevin Kane

    Research output: Contribution to journalArticle

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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 languageEnglish
    Pages (from-to)60-64
    Number of pages5
    JournalFraser of Allander Economic Commentary
    Volume41
    Issue number3
    Publication statusPublished - 12 Sep 2017

    Keywords

    • Scottish economics
    • Scottish governance
    • economic analysis

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