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' financing constraints, but only at low levels of gross domestic product per capita …
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This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation activities. We enrich our understanding on firms' performance by adopting the stochastic frontier approach (SFA), which allows us to estimate profit functions and to obtain...
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We examine the link between corporate financing and investment decisions of European firms by using a novel firm … financing sources and tangible and intangible investment types for a representative sample of EU28 firms in 2016. We provide new … estimate the finance-investment link, we find that SMEs and large enterprises show a different financing behaviour for their …
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