Financial Shocks and TFP L4318Growth /

The paper investigates how changes in industries' funding costs affect total factor productivity (TFP) growth. Based on panel regressions using 31 U.S. and Canadian industries between 1991 and 2007, and using industries' dependence on external funding as an identification mechanism, we sho...

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Autor principal: Severo, Tiago
Altres autors: Estevao, Marcello
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2010.
Col·lecció:IMF Working Papers; Working Paper ; No. 2010/023
Accés en línia:Full text available on IMF