Finance, investment, and growth

• 成果类型: Article; Proceedings Paper
• 署名作者: Carlin, W; Mayer, C
• 署名单位: University of Oxford; University of London; University College London
• 刊物名称: JOURNAL OF FINANCIAL ECONOMICS
• ISSN/ISSBN: 0304-405X
• DOI: 10.1016/S0304-405X(03)00112-0
• 发表日期: 2003
• 页码: 191-226
• 关键词: financial systems; OWNERSHIP; GROWTH; INVESTMENT; R&D

摘要

This paper examines the relation between the institutional structures of advanced OECD countries and the comparative growth and investment of 27 industries in those countries over the period 1970 to 1995. The paper reports a strong relation between the structure of countries' financial systems, the characteristics of industries, and the growth and investment of industries in different countries. (C) 2003 Elsevier Science B.V. All rights reserved.