Guariglia, Alessandra; Liu, Xiaoxuan; Song, Lina - In: Journal of Development Economics 96 (2011) 1, pp. 79-94
Using a panel of 79,841 Chinese firms over the period 2000-2007, we examine the extent to which liquidity constraints affect firms' assets growth. We find that state owned enterprises are not affected, while the availability of internal finance represents a binding constraint for the growth of...