Cargando…
Financial shocks and TFP growth /
The paper investigates how changes in industries' funding costs affect total factor productivity (TFP) growth. Based on panel regressions using 31 U.S. and Canadian industries between 1991 and 2007, and using industries' dependence on external funding as an identification mechanism, we sho...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
International Monetary Fund, Western Hemisphere Dept.,
©2010.
|
| Colección: | IMF working paper ;
WP/10/23. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
| LEADER | 00000cam a2200000 a 4500 | ||
|---|---|---|---|
| 001 | EBOOKCENTRAL_ocn680613467 | ||
| 003 | OCoLC | ||
| 005 | 20240329122006.0 | ||
| 006 | m o d | ||
| 007 | cr cn||||||||| | ||
| 008 | 100903s2010 dcua ob i000 0 eng d | ||
| 040 | |a E7B |b eng |e pn |c E7B |d OCLCQ |d OCLCF |d OCLCO |d OCLCQ |d DJB |d CUS |d EBLCP |d OCLCE |d AU@ |d U3G |d YDXCP |d CUS |d OCLCQ |d LOA |d AZK |d OCLCQ |d MERUC |d COCUF |d MOR |d CCO |d PIFAG |d ZCU |d OCLCQ |d U3W |d STF |d WRM |d OCLCA |d ICG |d VT2 |d OCLCQ |d DKC |d OCLCQ |d HS0 |d UWK |d OCLCQ |d UKCRE |d BOL |d OCLCQ |d NRAMU |d CRU |d WYU |d S2H |d OCLCO |d OCLCQ |d OCLCO |d OCLCL | ||
| 019 | |a 528927574 |a 712987572 |a 764531901 |a 842640736 |a 891560702 |a 893931911 |a 904331646 |a 960205554 |a 961485260 |a 962558789 |a 974978483 |a 975043450 |a 988508034 |a 991955515 |a 1018029509 |a 1037717806 |a 1038664455 |a 1043595119 |a 1045591361 |a 1055375218 |a 1058026838 |a 1077420418 |a 1081208907 |a 1107353707 |a 1109026845 |a 1110272334 |a 1114377111 |a 1153563109 |a 1162016180 |a 1202544432 |a 1228545573 |a 1289520033 |a 1290048947 |a 1291349188 |a 1315875166 |a 1329109999 |a 1420358018 | ||
| 020 | |a 9781451918717 | ||
| 020 | |a 1451918712 | ||
| 020 | |a 1452774269 |q (electronic bk.) | ||
| 020 | |a 9781452774268 |q (electronic bk.) | ||
| 020 | |a 1462382991 | ||
| 020 | |a 9781462382996 | ||
| 020 | |a 9786612845314 | ||
| 020 | |a 6612845317 | ||
| 020 | |a 1282845314 | ||
| 020 | |a 9781282845312 | ||
| 020 | |a 1451962371 | ||
| 020 | |a 9781451962376 | ||
| 024 | 8 | |a 10.5089/9781451918717.001 | |
| 029 | 1 | |a AU@ |b 000050964510 | |
| 029 | 1 | |a AU@ |b 000053015622 | |
| 029 | 1 | |a CHNEW |b 000666881 | |
| 029 | 1 | |a CHNEW |b 000687365 | |
| 029 | 1 | |a CHNEW |b 000687366 | |
| 029 | 1 | |a DEBBG |b BV044178255 | |
| 029 | 1 | |a NZ1 |b 13863128 | |
| 035 | |a (OCoLC)680613467 |z (OCoLC)528927574 |z (OCoLC)712987572 |z (OCoLC)764531901 |z (OCoLC)842640736 |z (OCoLC)891560702 |z (OCoLC)893931911 |z (OCoLC)904331646 |z (OCoLC)960205554 |z (OCoLC)961485260 |z (OCoLC)962558789 |z (OCoLC)974978483 |z (OCoLC)975043450 |z (OCoLC)988508034 |z (OCoLC)991955515 |z (OCoLC)1018029509 |z (OCoLC)1037717806 |z (OCoLC)1038664455 |z (OCoLC)1043595119 |z (OCoLC)1045591361 |z (OCoLC)1055375218 |z (OCoLC)1058026838 |z (OCoLC)1077420418 |z (OCoLC)1081208907 |z (OCoLC)1107353707 |z (OCoLC)1109026845 |z (OCoLC)1110272334 |z (OCoLC)1114377111 |z (OCoLC)1153563109 |z (OCoLC)1162016180 |z (OCoLC)1202544432 |z (OCoLC)1228545573 |z (OCoLC)1289520033 |z (OCoLC)1290048947 |z (OCoLC)1291349188 |z (OCoLC)1315875166 |z (OCoLC)1329109999 |z (OCoLC)1420358018 | ||
| 037 | |b 00013468 | ||
| 042 | |a dlr | ||
| 043 | |a n-us--- |a n-cn--- | ||
| 050 | 4 | |a HB3711 |b .E78 2010eb | |
| 082 | 1 | 4 | |a 330 |q OCoLC |2 15/eng/20231120 |
| 049 | |a UAMI | ||
| 100 | 1 | |a Estevão, Marcello M., |e author. | |
| 245 | 1 | 0 | |a Financial shocks and TFP growth / |c Marcello Estevão and Tiago Severo. |
| 260 | |a Washington, D.C. : |b International Monetary Fund, Western Hemisphere Dept., |c ©2010. | ||
| 300 | |a 1 online resource (24 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 340 | |g polychrome. |2 rdacc |0 http://rdaregistry.info/termList/RDAColourContent/1003 | ||
| 347 | |a text file |2 rdaft |0 http://rdaregistry.info/termList/fileType/1002 | ||
| 490 | 1 | |a IMF working paper ; |v WP/10/23 | |
| 504 | |a Includes bibliographical references (page 24). | ||
| 588 | 0 | |a Print version record. | |
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 520 | |a The paper investigates how changes in industries' funding costs affect total factor productivity (TFP) growth. Based on panel regressions using 31 U.S. and Canadian industries between 1991 and 2007, and using industries' dependence on external funding as an identification mechanism, we show that increases in the cost of funds have a statistically significant and economically meaningful negative impact on TFP growth. This finding cannot be explained by either increasing returns to scale or factor hoarding, as results are not sensitive to controlling for industry size and our calculations account for changes in factor utilization. Based on a stylized theoretical model, the estimates suggest that financial shocks distort the allocation of factors across firms even within an industry, reducing its TFP. The decline in productivity growth accounts for a large fraction of the negative impact of funding costs on output. | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2011. |5 MiAaHDL | ||
| 538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2011 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 546 | |a English. | ||
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Business cycles. | |
| 650 | 0 | |a Industrial productivity. | |
| 650 | 0 | |a Financial crises. | |
| 650 | 6 | |a Cycles économiques. | |
| 650 | 6 | |a Productivité. | |
| 650 | 7 | |a Business cycles |2 fast | |
| 650 | 7 | |a Financial crises |2 fast | |
| 650 | 7 | |a Industrial productivity |2 fast | |
| 700 | 1 | |a Severo, Tiago, |e author. | |
| 710 | 2 | |a International Monetary Fund. |b Western Hemisphere Department, |e issuing body. | |
| 758 | |i has work: |a Financial shocks and TFP growth (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGpYdc6BhwV74BYXw3tk6q |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Estevão, Marcello M. |t Financial shocks and TFP growth. |d [Washington, D.C.] : International Monetary Fund, ©2010 |w (OCoLC)643084879 |
| 830 | 0 | |a IMF working paper ; |v WP/10/23. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1606085 |z Texto completo |
| 936 | |a BATCHLOAD | ||
| 938 | |a ProQuest Ebook Central |b EBLB |n EBL1606085 | ||
| 938 | |a ebrary |b EBRY |n ebr10364795 | ||
| 938 | |a YBP Library Services |b YANK |n 11618268 | ||
| 938 | |a YBP Library Services |b YANK |n 12385319 | ||
| 994 | |a 92 |b IZTAP | ||