This paper examines the relationship between the financial development, foreign direct investment and economic growth in Sri Lanka using quarterly data over the period 1996 to 2011. Johansen co-integration technique and vector error correction model are used to investigate the relationships. The...

We derive from a model of investment with multiple capital goods a one-to-one relation between the growth rate of the capital aggregate and the stock market-based Q. We estimate the growth-Q relation using a panel of Japanese manufacturing firms taking into account the endogeneity of Q....

We develop a Q model of investment with multiple capital goods that delivers a one-to-one relation between the growth rate of the capital aggregate and the stock market-based Q. We estimate the growth-Q relation using a panel of over six hundred Japanese manufacturing firms taking into account...