Ganesh-Kumar, A.; Sen, Kunal; Vaidya, Rajendra R. - In: Journal of International Development 14 (2002) 2, pp. 211-228
This paper extends the literature on finance and investment by examining the source of finance constraints on the firm's investment decisions. Using a panel of 714 Indian manufacturing firms for the period 1993-98, we find that the degree of 'finance constraint' differs significantly across...