MARC Record from Library of Congress

LEADER: 01969cam a22003017a 4500
001 2005615034
003 DLC
005 20050113073723.0
007 cr |||||||||||
008 050104s2004 mau sb 000 0 eng
010 $a 2005615034
040 $aDLC$cDLC
050 00 $aHB1
245 00 $aFinance, firm size, and growth$h[electronic resource] /$cThorsten Beck ... [et al.].
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2004.
490 1 $aNBER working paper series ;$vworking paper 10983
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 1/4/2005.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"This paper examines whether financial development boosts the growth of small firms more than large firms and hence provides information on the mechanisms through which financial development fosters aggregate economic growth. We define an industry's technological firm size as the firm size implied by industry specific production technologies, including capital intensities and scale economies. Using cross-industry, cross-country data, the results indicate that financial development exerts a disproportionately large effect on the growth of industries that are technologically more dependent on small firms. This suggests that financial development accelerates economic growth by removing growth constraints on small firms and also implies that financial development has sectoral as well as aggregate growth ramifications"--National Bureau of Economic Research web site.
650 0 $aBusiness enterprises$xSize.
650 0 $aFinance.
700 1 $aBeck, Thorsten.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 10983.
856 40 $uhttp://papers.nber.org/papers/w10983