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title: "Indirect Effects of Access to Finance"
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[Jing Cai; Adam Szeidl (2024)](https://doi.org/10.1257/aer.20220711). *American Economic Review*.

**Under development — community extension.** This is a provisional source-design assessment, not a new successful replication or a final eligibility ruling.

[Extension index](development.html) · [Provisional eligibility log](development.html#eligibility-log) · [Assessment JSON](aeraej-17.json) · [QMD](aeraej-17.qmd) · [Reproduction code](collection-code.zip)

## Source design and template applicability

Firm access to finance is randomly assigned; interpost estimates its direct pre/post effect and inter4post captures continuous competitor spillovers. The pre/post form does not make this observational DiD.

No DiD estimates, uncertainty intervals or homogeneity-test decision were computed in this tranche. No point is added to the calibration plots. This is not a zero effect or a failed statistical test.

## Recorded treatment-column measurement

**120 distinct nonmissing values** in `treatratio_comp`.

Observed support in the indicated source frame; missing values excluded. N=9,519; missing=0. Frame: selected_source_data. Source: /Volumes/LAL_BAK/did-cardinality-work/packages/Cai_Szeidl_AER_2024_197302/Data and Do-file/loanmain.dta.

These are the existing data-measured counts, not counts inferred from design labels. A binary instrument, group indicator or interaction component need not be the treatment of interest; the source-design assessment above takes precedence for template applicability.

## Replication status

**This tranche:** unsupported design; source code/documentation inspected, no estimator run.

**Supplied library:** verified; verification: verified; preparation: runs_with_shim. These are the library’s labels, not new verification claims. Missing data and unsupported designs are separate issues.

## Evidence and provenance

The following files in the supplied library were inspected. Their SHA-256 digests are recorded in the downloadable assessment JSON. Source archives and microdata are not redistributed.

- `AER/Cai_Szeidl_AER_2024_197302/R/17_cai_szeidl_figure.R` (104 lines)
- `AER/Cai_Szeidl_AER_2024_197302/R/17_cai_szeidl_replicate.R` (279 lines)
- `AER/Cai_Szeidl_AER_2024_197302/verdict.md` (57 lines)
- `AER/Cai_Szeidl_AER_2024_197302/aeraej-17.md` (240 lines)