Author: | Carlin, W. Mayer, C. |
Title: | Finance, investment, and growth |
Journal: | Journal of Financial Economics
2003 : JUL, VOL. 69:1, p. 191-226 |
Index terms: | Financial services OECD Investments R&D Country comparisons |
Language: | eng |
Abstract: | The authors examine the relation between the institutional structures of advanced OECD countries and the comparative growth and investment of 27 industries in those countries in 1970-1995. 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. |
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