This paper evaluates relations between industrial activity and the structure of countries' financial, ownership and legal systems. Using data on 27 industries in 14 OECD countries over the period 1970 to 1995, we evaluate whether the structure of countries' systems is associated with different types of economic activity. We do this by examining whether there is a link between industry activity and the interaction of country structures with industry characteristics. We find that there is a relation in terms of both industry growth rates and shares of output devoted to R&D. Investment in R&D rather than fixed capital formation appears to be the main route through which financial systems affect economic activity. Consistent with theories of fi...
The financial sector plays an important part in economic growth as it can reduce the cost of acquiri...
This paper explores the relationship between financial structure and industrial structure in a panel...
The finance-growth nexus is discussed, and a framework for empirical analysis is formulated. Based o...
This paper examines the relation between the institutional structures of advanced OECD countries and...
This paper examines the relation between the institutional structures of advanced OECD countries and...
This paper examines the relation between the institutional structures of advanced OECD countries and...
This paper examines the relation between financial, corporate and legal systems, and economic perfor...
This paper examines the relation between financial, corporate and legal systems and economic perform...
We assess the relationship between finance and growth over the period 1980-2014. We estimate a cross...
This article studies the effects of financial development on the sources of growth in different grou...
We test theories that examine how economic and financial development affect cross-country industry g...
This paper examines the relation between financial, corporate and legal systems and economic perform...
[[abstract]]This paper provides new empirical evidence to the intensive debate of whether financial ...
We widen the understanding of the finance-growth nexus by accounting for the indirect effect of fina...
The paper addresses the significance of financial development as a possible determinant of economic ...
The financial sector plays an important part in economic growth as it can reduce the cost of acquiri...
This paper explores the relationship between financial structure and industrial structure in a panel...
The finance-growth nexus is discussed, and a framework for empirical analysis is formulated. Based o...
This paper examines the relation between the institutional structures of advanced OECD countries and...
This paper examines the relation between the institutional structures of advanced OECD countries and...
This paper examines the relation between the institutional structures of advanced OECD countries and...
This paper examines the relation between financial, corporate and legal systems, and economic perfor...
This paper examines the relation between financial, corporate and legal systems and economic perform...
We assess the relationship between finance and growth over the period 1980-2014. We estimate a cross...
This article studies the effects of financial development on the sources of growth in different grou...
We test theories that examine how economic and financial development affect cross-country industry g...
This paper examines the relation between financial, corporate and legal systems and economic perform...
[[abstract]]This paper provides new empirical evidence to the intensive debate of whether financial ...
We widen the understanding of the finance-growth nexus by accounting for the indirect effect of fina...
The paper addresses the significance of financial development as a possible determinant of economic ...
The financial sector plays an important part in economic growth as it can reduce the cost of acquiri...
This paper explores the relationship between financial structure and industrial structure in a panel...
The finance-growth nexus is discussed, and a framework for empirical analysis is formulated. Based o...