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A Multi-industry Model of Growth with Financing Constraints

Author/Editor: Anna Ilyina, Roberto M. Samaniego.

Release Date:May, 2009

This paper develops a multi-industry growth model in which firms require external funds to conduct productivity-enhancing R&D. The cost of research is industry-specific. The tightness of more...



Price: $18.00
Technology and Finance

Author/Editor: Anna Ilyina, Roberto M. Samaniego.

Release Date:July, 2008

The benefits from financial development are known to vary across industries. However, no systematic effort has been made to determine the technological characteristics that are shared by industries more...



Price: $18.00