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If the relation between investment and economic growth is well established in the macroeconomic literature, the existence of a similar link at the level of the firm has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...
Persistent link: https://www.econbiz.de/10011651761
The widespread evidence of multiple bank lending relationships in credit markets suggests that rms are interested in setting up a diversity of banking links. However, it is hard to know from the empirical data whether a rm's observed number of lenders is symptomatic of nancial constraints or...
Persistent link: https://www.econbiz.de/10010593167
If the relation between investment and economic growth is well established in the macroeconomic literature, the existence of a similar link at the level of the firm has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...
Persistent link: https://www.econbiz.de/10010616501
Persistent link: https://www.econbiz.de/10008764825
In 1950, Latin American countries capabilities were promising, and the subcontinent was thought to have a big potential for convergence. In order to understand why this prediction was not fullled, we apply in this paper the framework set by Fagerberg and Srholec (2008). Our study of the economic...
Persistent link: https://www.econbiz.de/10008690930
The widespread evidence of multiple bank lending relationships in credit markets suggests that firms are interested in setting up a diversity of banking links.However, it is hard to know from the empirical data whether a firm's observed number of lenders is symptomatic of financial constraints...
Persistent link: https://www.econbiz.de/10010672305
Although the relation between investment and economic growth has been well established in the macroeconomic literature, the existence of a similar link at firm level has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...
Persistent link: https://www.econbiz.de/10010691205
In this paper we test whether policies that induce tangible asset growth among domestic companies are effective in increasing their entry into export markets. We solve the endogeneity problem inherent to the empirical investigation of the growth-export relationship by adopting an instrumental...
Persistent link: https://www.econbiz.de/10010693092
If the relation between investment and economic growth is well established in the macroeconomic literature, the existence of a similar link at the level of the firm has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...
Persistent link: https://www.econbiz.de/10013086776
Persistent link: https://www.econbiz.de/10010247472