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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.
SCIMA record nr: 250927
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