Levchenko, Andrei A.; Rancière, Romain; Thoenig, Mathias - In: Journal of Development Economics 89 (2009) 2, pp. 210-222
This paper analyzes the effects of financial liberalization on growth and volatility at the industry level in a large sample of countries. We estimate the impact of liberalization on production, employment, firm entry, capital accumulation, and productivity. In order to overcome omitted...
