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These are the page proofs of the interview of Franco Modigliani by William A. Barnett and Robert Solow. The interview was published in the journal, Macroeconomic Dynamics, in 2000. Since William Barnett is one of the two interviewers, he now is permitted, by Cambridge University Press, to make...
Persistent link: https://www.econbiz.de/10005125026
finance influences the level of capital firms hold, as well as the frequency at which they invest. In consequence investment … and the influence of finance is strongest if a firm wishes to significantly adjust capital for fundamental reasons. This … productivity, capital and liquidity. Here we find no significant influence of finance on the capital decision of a firm. However …
Persistent link: https://www.econbiz.de/10005076705
This paper investigates the determinants of TFP for Italian regions. We find strong evidence in favour of the factors commonly suggested by the theoretical literature. In particular, R&D expenditures and the number of researchers are positively related to regional TFP. Moreover, human capital is...
Persistent link: https://www.econbiz.de/10005561279
earlier empirical literature. In this paper, we analyse the finance-growth nexus using a fixed-effects panel model and …
Persistent link: https://www.econbiz.de/10005561315
Utilising panel data for 14 East European transition economies, we find support for the hypothesis that a greater degree of export variety relative to the U.S. helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from...
Persistent link: https://www.econbiz.de/10005561365