Industry Growth and Capital Allocation: Does Having a Market- or Bank-Based System Matter?
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下载链接:
https://www.nber.org/papers/w8982
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资源简介:
Are market-based or bank-based financial systems better at financing the expansion of industries that depend heavily on external finance, facilitating the formation of new establishments, and improving the efficiency of capital allocation across industries? We find evidence for neither the market
提供机构:
美国国家经济研究局
创建时间:
2002-06-01



