Financial frictions, capital misallocation, and total factor productivity : evidence from China
Year of publication: |
2023
|
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Authors: | Xiao, Weiguo ; Deng, Qi ; Yuan, Wei ; Wu, Naiqian |
Published in: |
Applied economics. - New York, NY : Routledge, ISSN 1466-4283, ZDB-ID 1473581-7. - Vol. 55.2023, 41, p. 4853-4870
|
Subject: | capital misallocation | credit constraints | Financial frictions | heterogeneous financing costs | total factor productivity | China | Produktivität | Productivity | Liquiditätsbeschränkung | Liquidity constraint | Produktivitätsentwicklung | Productivity change | Unternehmensfinanzierung | Corporate finance | Kreditrationierung | Credit rationing | Allokation | Allocation | Allokationseffizienz | Allocative efficiency |
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