Aizenman, Joshua; Pinto, Brian; Radziwill, Artur - Santa Cruz Institute for International Economics … - 2004
constructed measure of self-financing to evaluate the impact of the growing global financial integration on the sources of … self financed, and this fraction was surprisingly stable throughout the 1990s. The greater integration of financial markets … integration and changes in self-financing ratios is statistically insignificant. There is no evidence of any “growth bonusâ …