A Multi-industry Model of Growth with Financing Constraints /

This paper develops a multi-industry growth model in which firms require external funds to conduct productivity-enhancing R and D. The cost of research is industry-specific. The tightness of financing constraints depends on the level of financial development and on industry characteristics. Over tim...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Ilyina, Anna
अन्य लेखक: Samaniego, Roberto
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2009.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2009/119
ऑनलाइन पहुंच:Full text available on IMF