Martinez Cillero, Maria; Lawless, Martina; O'Toole, Conor - 2021
In this paper, we explore the link between SME investment, firm economic characteristics, and the presence of financing … disaggregates investment by asset type and allows a granular assessment typically not present in the existing literature. Our … approach links investment to the marginal product of capital using a stochastic frontier model to explore, and measure, the …