Investor Protection, Optimal Incentives, and Economic Growth

By R. Castro, G. Clementi, Glenn MacDonald. 2004

240 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/25b932b1b78b90ddf4624fa461c156eaba8ef860

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Citations in the corpus

Investor Protection and Interest Group Politics (2010, unknown): “This result is consistent with the evidence that investor protection is correlated with GDP growth (Castro et al. (2004)) and that investor protection is correlated with the ratio of capital raised in IPOs to GDP (Djankov et al.”
Productivity Growth and Capital Flows: The Dynamics of Reforms (2017, unknown): “Castro et al. (2004) also analyze how domestic financial market imperfections can influence the direction of international capital flows.”
Agency Conflicts, Investment, and Asset Pricing (2008, unknown): “Similarly, Castro et al. (2004) focus on the implications of weak investor protection for the equilibrium interest rate.”
Institutional Development, Financial Deepening and Economic Growth: Evidence from China (2006, background): “and thus promote economic growth ( Castro, Clementi and MacDonald, 2004 ).”
Should Business Groups be Dismantled? The Equilibrium Costs of Efficient Internal Capital Markets (2006, unknown): “…capital allocation decisions in economies characterized by limited investor protection (Shleifer and Wolfenzon, 2002; Almeida and Wolfenzon, 2005; Castro, Clementi, and MacDonald, 2004) and to an earlier literature that analyzes the relationship between general financing frictions and capital…”
Foreign Entry and Bank Competition (2006, background): “8 For example, Castro et al. (2004) study the impact of investor protection on economic growth, while Levine”
Interaction effects in econometrics (2010, unknown): “…− P[constant,L RG D PW 67,OV,AR,C R,RL])RCT, OVψ = (I − P[constant,L RG D PW 67,RCT,AR,C R,RL])OV, ARψ = (I − P[constant,L RG D PW 67,OV,RCT,C R,RL])AR, C Rψ = (I − P[constant,L RG D PW 67,OV,AR,RCT,RL])C R, and RLψ = (I − P[constant,L RG D PW 67,OV,AR,C R,RCT ])RL a Replicates Castro et al. (2004)”
Unbundling the Relationship between Authoritarian Legislatures and Political Risk (2014, unknown): “31 Castro et al. 2004.”
Financial Globalization, Financial Crises and Contagion (2010, unknown): “A similar assumption is made in Castro, Clementi, & MacDonald (2004) but in an environment with information asymmetry.”