Plötscher, Claudia; Rottmann, Horst - In: IFO-Studien : Zeitschrift für empirische … 48 (2002) 3, pp. 383-400
This paper investigates the effects of financing constraints on the dynamics of investment behavior for a sample of German firms. In contrast to most of the literature on this issue we use an indicator for financing constraints which we explain endogenously. The econometric method consists of a...