Poncet, Sandra; Steingress, Walter; VANDENBUSSCHE, Hylke - Center for Operations Research and Econometrics (CORE), … - 2008
boost the investment of private firms.
Keywords: investment-cashflow sensitivity, China, firm level data, foreign direct …
state-owned firms.
4
Our analysis is carried out on Chinese firm-level data originating from the data set
ORIANA
7 …-out there will be and the stronger the credit constraints for
private firms will be.
3. Data
3.1. Firm-level data
The data …