FINANCIAL SYSTEMS, INDUSTRIAL STRUCTURE, AND GROWTH

By R. Rajan, Luigi Zingales. 2001

462 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/cdd94e7f1f9616e174e9da7b54f90bf8a9f61e40

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Citations in the corpus

Credit Growth in Central and Eastern Europe: New (Over)Shooting Stars? (2006, background): “Beck, Levine and Loayza, 2000, and Rajan and Zingales, 2001 for an overview).”
Innovation and Family Ownership: Empirical Evidence from India (2014, background): “…(1) The probability of the failure of R&D investment is higher than that of conventional investments; (2) new technologies tend to be opaque (Rajan & Zingales, 2001), which means that innovation is often less understood by market participants; and (3) Volume •• Number •• •• 2013 © 2013 John…”
Dynamic optimal capital structure and technical change (2003, background): “Rajbhandary (1997) estimated a dynamic adjustment model exploring Indian firm data.”
Financial development and innovation: Cross-country evidence (2014, methodology): “We control for the industrial share of total value added, due to the heterogeneous degrees of development across different industries within one country, as suggested by Rajan and Zingales (1998) and Levine (2005). Specifically, we construct industry j’s share of total value added in manufacturing i”
Informed finance and technological change: Evidence from credit relationships (2007, background): “Inspired by Rajan and Zingales (2001), we assume that the lender’s moral hazard is more severe for innovative firms.”
A Review of Japan's Bank Crisis from the Governance Perspective (2003, background): “In particular, the processing of information on corporate management is fundamentally different in a capital market-based system and in a bankcentered system (Rajan and Zingales, 2001).”
Financial Constraints and Other Obstacles: are they a Threat to Innovation Activity? (2008, background): “More generally, as shown by Black and Gilson (1997) and Rajan and Zingales (2001) venture capital works best when there is an active equity market which allows investors to exit by selling their shares.”
A Theory of Bank Capital (2000, background): “An interesting fact that emerges from recent cross-country empirical studies (see Rajan and Zingales (1999) for a survey of the evidence) is that financial development -- whether measured by the expansion of the market, the banking sector, or increased transparency-- tends to have a positive…”
Financing technology-based small firms in Europe: what do we know? (2012, background): “…and finance literature shows that the legal and institutional environment affects the nature of financial contracts and consequently the effectiveness of marketbased means of supporting high-tech finance developed in common law countries (Levine 1997, La Porta et al. 1998, Rajan and Zingales 2001).”