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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6418 |
DP6418 Developing Economies and International Investors: Do Investment Promotion Agencies Bring Them Together? | |
Beata Javorcik; Torfinn Harding | |
发表日期 | 2007-08-03 |
出版年 | 2007 |
语种 | 英语 |
摘要 | The establishment of the EU-15 `single market' in 1993 brought about a high degree of similarity in firms' growth opportunities across countries, while substantial diversity existed in the development of national financial markets. We compare within-industry growth rates of similar `single-market' firms facing financial systems of different depth and institutional quality as of 1993. Moving from the least to the most developed financial market within the EU-15 boosts firms' annual value-added growth by about three percentage points. Our results also suggest that the growth gap due to initially under-developed financial systems was closed by 2003. |
主题 | Financial Economics |
关键词 | Access to financial markets Corporate growth Financial development |
URL | https://cepr.org/publications/dp6418 |
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/535253 |
推荐引用方式 GB/T 7714 | Beata Javorcik,Torfinn Harding. DP6418 Developing Economies and International Investors: Do Investment Promotion Agencies Bring Them Together?. 2007. |
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