Finance, Investment and Growth

Mayer, Colin and Carlin, Wendy (2003) Finance, Investment and Growth. Journal of Financial Economics, 69 (1). pp. 191-226.


This paper examines the relation between the institutional structures of advanced OECD countries and the comparative growth and investment of 27 industries in those countries over the period 1970 to 1995. The paper reports a strong relation between the structure of countries’ financial systems, the characteristics of industries, and the growth and investment of industries in different countries.

Item Type: Article
Keywords: Financial systems; Ownership; Growth; Investment; R&D; finance
Subject(s): Finance
Date Deposited: 18 Feb 2012 20:09
Last Modified: 27 Feb 2017 14:56
Funders: N/A

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