Investment and Research and Development at the Firm Level: Does the Source of Financing Matter?
收藏NBER1992-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4096
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资源简介：
The elasticity of investment and R&D investment with respect to cash flow is unambiguously positive in a large panel of U.S. manufacturing firms from 1973 to 1987. even with proper controls for permanent differences across firms and for simultaneity. I argue that the evidence favors liquidity
提供机构：
美国国家经济研究局
创建时间：
1992-06-01
