Financial Development and Intersectoral Allocation: A New Approach

By Raymond J. Fisman, Inessa Love. 2004

159 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/59e9fb2b95db2703e77daee52424c142ad622aeb

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Citations in the corpus

Assessing the relationships between human capital, innovation and technology adoption: Evidence from sub-Saharan Africa (2017, background): “A number of authors have also argued that greater macroeconomic instability—in particular, a high inflation rate—tends to affect the productivity and hence economic performance of a country negatively (see Rajan and Zingales, 1998; Fisman and Love, 2004).”
Financial Openness and Productivity (2009, unknown): “Again, the existing literature has focused on financial development, see e.g. Fisman and Love (2004) and Wurgler (2000), but not on financial openness.”
Local financial development and firm performance: Evidence from Morocco (2013, methodology): “We also reestimate Table ( 6 ) using the growth of sales among large …rms as indicator”
Does Corporate Transparency Contribute to Efficient Resource Allocation (2009, unknown): “Fisman and Love (2004) sidestep this complexity by arguing that in the presence of common industry-specific global shocks to growth opportunities, countries responding to these shocks should exhibit similar comovement in industry-specific growth rates.”
How Collateral Laws Shape Lending and Sectoral Activity (2016, unknown): “28 The Rajan and Zingales (1998) approach has been criticized by Fisman and Love (2004). The Fisman and Love critique of Rajan and Zingales’ method for measuring external financial dependence, however, does not apply to our asset composition measure, since our measure focuses on asset composition, n”
Sovereign Credit Ratings, Capital Flows and Financial Sector Development in Emerging Markets (2006, background): “…at the aggregate, industry and firm level (see inter alia Greenwood and Jovanovic, 1990;, King and Levine, 1993;, Levine, 1997; Levine and Zervos, 1998;, Rajan and Zingales, 1998; Beck et al., 2000; Carlin and Mayer, 2003; Claessens and Laeven, 2003; Fisman and Love, 2004; and Ndikumana, 2005).”
Growth and the Quality of Foreign Direct Investment: Is All FDI Equal? (2007, background): “Industry analysis is motivated by recent papers that analyze the effect of financial development on economic growth at the industry level (Rajan and Zingales (1998), Cetorelli and Gambera (2001), Fisman and Love (2003, 2004), and Carlin and Mayer (2003)).”