0155842 - NHU-N 20010096 RIV US eng V - Research Report
Lízal, Lubomír - Švejnar, Jan
Investment, credit rationing and the soft budget constraint: evidence from Czech panel data.
Ann Arbor: The William Davidson Institute at the University of Michigan Business School, 2001. 30 s. William Davidson Institute Working Paper Series, 363.
R&D Projects: GA AV ČR KSK9058117
Institutional research plan: CEZ:AV0Z7085904
Keywords : investment * ownership * transition economy * market economy
Subject RIV: AH - Economics
Result website:
http://www.bus.umich.edu/KresgeLibrary/Collections/Workingpapers/wdi/wp363.pdf

Using data on industrial firms in the Czech Republic during 1992-98, we find that foreign companies invest the most and cooperatives the least, private firms do not invest more than state-owned ones and cooperatives and small firms are credit rationed.
Permanent Link: http://hdl.handle.net/11104/0053314