G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6418
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
URLhttps://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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