Shocks, Financial Dependence, and Efficiency : Evidence From U.S. and Canadian Industries /

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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Detaylı Bibliyografya
Yazar: Estevao, Marcello
Diğer Yazarlar: Severo, Tiago
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2011.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2011/199
Online Erişim:Full text available on IMF