We present a comparable set of results on the monetary transmission channels on firm investment for the four largest … channel. For each of those countries we estimate neo-classical investment relationships, explaining investment by its user … cost, sales and cash flow. We find investment to be sensitive to user cost changes in all those four countries. This …

and service sectors on capital stock, investment and value added. Our econometric estimates of an investment function …

exports on domestic demand for investment. In the last decade China has increased its dependence on external demand … rest of emerging Asia. Since 2001 investment expenditures have represented a key driver of Chinese GDP growth; as a very … large share of activity in the manufacturing sector is export oriented, we expect fixed capital investment in this sector to …

, controlling for firms characteristics. Following the literature on investment and financing constraints, we also test whether … banking consolidation affects the investment-cash flow sensitivity of firms. We examine in detail the effects of bank mergers …