capital in South Africa using panel data for the period 1991-2008. The measure of efficient reallocation of capital is based … sectoral steady states suggesting that financial globalisation enhances efficient reallocation of capital. The benefits of …The study examines the impact of financial globalisation on intra-sector and inter-sector firm level reallocation of …

. The relative price of capital and the reallocation of capital are the key variables in explaining the relation between …

. The relative price of capital and the reallocation of capital are the key variables in explaining the relation between …

volatility of the cyclical component of output and the size of the credit market. I dentify the reallocation of capital as the …