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crecimiento empresarial y en los inventarios es menos robusto ; We assess the impact of credit constraints on investment … challenge is a potential reverse-causality bias, as firms with poor investment and growth opportunities may have a higher … probability of being credit constrained. We implement several strategies to overcome this obstacle: proxies for investment …
Persistent link: https://www.econbiz.de/10012530600
to reveal the evidence of the both phenomena, soft budgetconstraints and credit rationing, investigating investment …
Persistent link: https://www.econbiz.de/10009445140
Strategic restructuring of firms through investment is key to a transition from plan to market. Using data on … rationed. Given the large volume of non-performing bank loans to firms and the high rate of investment of large state owned and …
Persistent link: https://www.econbiz.de/10009477243
simultaneously TFP, Total Factor Productivity, identified as efficiency, and the parameters of a model where investment depends upon … internal funds, wages, and sales, as in Prasnikar J. and Svejnar J. (2000). It shows that while real investment is higher in … foreign firms, the improvement in efficiency due to investment is significantly higher in Hungarian domestic firms. We test …
Persistent link: https://www.econbiz.de/10009477514
This thesis examines the relationship of monetary policy and investment in a theoretical framework in which monetary … models is examined. It is found that the money, investment relationship, with close money, real interaction, is appropriately …
Persistent link: https://www.econbiz.de/10009457758
the determinants of telecommunications investments and presents two possible solutions to the investment problem. The …
Persistent link: https://www.econbiz.de/10009451158
and rate loan credit investment in 1985 - 2007. This research use Ordinary Least Square estimation method (OLS …).Pursuant to result of data analysis known that budgeting deficit and rate loan credit investment have negative impact so become … crowding out for private investment in Indonesia during 1985 – 2007. But also GDP Indonesia have positif impact and influence …
Persistent link: https://www.econbiz.de/10009464586
Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … investment can have a positive effect on growth that goes beyond the effect of the capital stock because of economies of scale … between infrastructure and economic growth. Time-series results reveal a positive impact of infrastructure investment on …
Persistent link: https://www.econbiz.de/10009477383
Conclusion: This paper has assessed the empirical relationship between exchange rate volatility and survey measures of household and business confidence in Australia, Japan, Korea, Malaysia, and Singapore. Caution needs to be used in interpreting this relationship, because the number of...
Persistent link: https://www.econbiz.de/10009451732
output, saving and investment for the period of our study, 1960 to 2003. The analysis uses Lee and Strazicich (2004 … investment. These dates coincide with the effect of the Islamic revolution in 1979 and Iran-Iraq war, 1980 to 1988. The … around 0.35. The role of investment was found to be imprecise in the long run. The short run estimates show that saving has a …
Persistent link: https://www.econbiz.de/10009457480