Patterns of Industrial Development Revisited : The Role of Finance

Patterns of Industrial Development Revisited : The Role of Finance

The authors reexamine the role of financial market development in the intersectoral allocation of resources. First, they characterize the assumptions underlying previous work in this area, in particular, that of Rajan and Zingales (1998). The autho...

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Bibliographic Details
Main Authors: Fisman, Raymond, Love, Inessa
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
INDUSTRIAL DEVELOPMENT
CAPITAL MARKETS
ECONOMIC GROWTH
FINANCIAL DEVELOPMENT
PRIVATE BANKS
ALLOCATION OF RESOURCES
GROWTH PATTERNS ACCOUNTING STANDARDS
ACTUAL GROWTH
AVERAGE GROWTH
AVERAGE LEVEL
CORPORATE GOVERNANCE
CORRUPTION
COUNTRY SPECIFIC
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPMENT ECONOMICS
DEVELOPMENT RESEARCH
DIVERSIFICATION
DOMESTIC CREDIT
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMICS
EMPIRICAL WORK
ERROR TERM
ERROR TERMS
FACTOR ENDOWMENTS
FACTOR PRICES
FINANCIAL ASSETS
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL SYSTEMS
FIXED EFFECTS
FUNCTIONAL FORM
GROWTH PATTERN
GROWTH PROCESS
GROWTH PROSPECTS
GROWTH RATE
GROWTH RATES
HIGH INCOME
INCOME DISTRIBUTIONS
INCOME ELASTICITIES
INCOME LEVELS
INCOME PER CAPITA
INDEPENDENT VARIABLE
INNOVATION
INTERMEDIARIES
INTERMEDIATE GOODS
LEGAL ORIGIN
MARKET CAPITALIZATION
MOTIVATION
NON-LINEAR FUNCTION
PER CAPITA INCOME
POLICY RESEARCH
PRIVATE SECTOR
PRODUCTION FUNCTION
RESOURCE ALLOCATION
SECTORAL COMPOSITION
SECTORAL GROWTH RATES
SOCIAL NETWORKS
STANDARD DEVIATION
STATISTICAL TECHNIQUES
TRADE OPENNESS
UNDERDEVELOPED COUNTRIES
Online Access:http://documents.worldbank.org/curated/en/2002/08/1997780/patterns-industrial-development-revisted-role-finance
http://hdl.handle.net/10986/19269

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