| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 966552 | Journal of Monetary Economics | 2012 | 14 Pages |
Abstract
⺠We model industry growth with financing constraints in an R&D growth model. ⺠Finance limits disproportionately reduce growth in R&D intensive industries. ⺠This explains some notable empirical results linking finance to industry growth. ⺠The calibrated model replicates these empirical results using artificial data.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Anna Ilyina, Roberto Samaniego,