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This study examined the impact of cash flow, capital account liberalization (CAL) on investment growth of firms from … revealed that CAL is positively but insignificantly related to investment growth, and investment growth appeared to be … determined that CAL appeared to be sensitive to investment growth for both firm types through the indirect route, precisely the …
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We assess the impact of credit constraints on investment, inventories and other working capital and firm growth with a …, 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 opportunities, lagged regressors, random effects …
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