G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1199
DP1199 International R&D Rivalry and Industrial Strategy without Government Commitment
Peter Neary; Dermot Leahy
发表日期1995-06-30
出版年1995
语种英语
摘要This paper argues that the role of universal banks in German industrialization has been over-emphasized. The contribution of universal banks to the financing of railway investment was overshadowed by that of the German states. The distinctive features of the relationship between universal banks and industrial firms apply only to industrial joint-stock companies, but the vast majority of the industrial capital stock in Germany before 1914 was accounted for by firms which were not joint-stock companies. Even for industrial joint-stock companies, careful analysis of the realtionship between these companies and universal banks casts serious doubt on the conventional view of this relationship.
主题Financial Economics
关键词Economic growth Germany Investment finance Universal banking
URLhttps://cepr.org/publications/dp1199
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530337
推荐引用方式
GB/T 7714
Peter Neary,Dermot Leahy. DP1199 International R&D Rivalry and Industrial Strategy without Government Commitment. 1995.
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