countries. Will these developments improve economic performance in terms of creating jobs, fostering investment, and encouraging …

contributions to welfare for a set of European OECD countries (Belgium, France, Great Britain, Italy, Spain), using industry …

Britain, Italy, and Spain), using industry]level (EU]KLEMS) and firm]level (Amadeus) data. After adding further assumptions …

We present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker … coefficients. They are robust to model specifications and estimation methods. The evidence that investment has a long-run effect on …

banking development reduces the cash flow sensitivity of fixed investment spending, particularly for small firms, and that it …