Financial dependence, global growth opportunities, and growth revisited

C-Tier

Journal: Economics Letters

Year: 2013

Volume: 120

Issue: 1

Pages: 123-125

Authors (2)

Manganelli, Simone (European Central Bank) Popov, Alexander (European Central Bank)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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Abstract

We show that financial development has a non-monotonic effect on growth in the Rajan and Zingales (1998) and Fisman and Love (2007) sample. Beyond a threshold, financially dependent industries and industries facing good growth opportunities grow disproportionately more slowly.

Financial dependence, global growth opportunities, and growth revisited

Authors (2)

Abstract

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