0156010 - NHU-N 20020265 RIV US eng J - Journal Article
Lízal, Lubomír - Švejnar, Jan
Investment, credit rationing, and the soft budget constraint: evidence from Czech panel data.
Review of Economics and Statistics. Roč. 84, č. 2 (2002), s. 353-370. ISSN 0034-6535. E-ISSN 1530-9142
R&D Projects: GA AV ČR KSK9058117
Institutional research plan: CEZ:AV0Z7085904
Keywords : investments * credit * rationing
Subject RIV: AH - Economics
Impact factor: 1.085, year: 2002
DOI: https://doi.org/10.1162/003465302317411596

Using data on industrial firms in the Czech Republic during 1992-1998, we find that foreign-owned companies invest the most and cooperatives the least, that the private firms do not invest more than state-owned ones, and that cooperatives and small firms are credit rationed.
Permanent Link: http://hdl.handle.net/11104/0053479