Misallocation and Capital Market Integration: Evidence From India
收藏NBER2020-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w27955
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资源简介：
We show that foreign capital liberalization reduces capital misallocation and increases aggregate productivity for affected industries in India. The staggered liberalization of access to foreign capital across disaggregated industries allows us to identify changes in firms' input wedges, overcoming
提供机构：
美国国家经济研究局
创建时间：
2020-10-01
