Production, Financial Structure and Productivity Growth in U.S. Manufacturing
收藏NBER1993-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4309
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The purpose of this paper is to estimate a model that incorporates the effects of financial decisions on production, profitability, and productivity growth. Asymmetric information generates agency costs of debt and signaling benefits of dividends which then influence production decisions. The model
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美国国家经济研究局创建时间：
1993-03-01
