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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フォーマット: | 雑誌 |
言語: | English |
出版事項: |
Washington, D.C. :
International Monetary Fund,
2011.
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シリーズ: | IMF Working Papers; Working Paper ;
No. 2011/199 |
オンライン・アクセス: | Full text available on IMF |