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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Manylion Llyfryddiaeth
Prif Awdur: Estevao, Marcello
Awduron Eraill: Severo, Tiago
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2011.
Cyfres:IMF Working Papers; Working Paper ; No. 2011/199
Mynediad Ar-lein:Full text available on IMF