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Firm-Specific Information and the Efficiency of Investment

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NBER2006-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12186
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We use a new firm-level dataset to examine the efficiency of investment in emerging economies. In the three-year period following stock market liberalizations, the growth rate of the typical firm's capital stock exceeds its pre-liberalization mean by an average of 5.4 percentage points. Cross
创建时间:
2006-05-01
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