Počet záznamů: 1

Financial development and allocation of external finance

  1. 1.
    0340741 - NHU-N 2010 RIV CZ eng C - Konferenční příspěvek (zahraniční konf.)
    Bena, Jan - Ondko, P.
    Financial development and allocation of external finance.
    Proceedings of 27th International Conference Mathematical Methods in Economics 2009. Prague: Czech University of Life Sciences Prague, 2009 - (Brožová, H.), s. 19-23. ISBN 978-80-213-1963-9.
    [27th International Conference Mathematical Methods in Economics 2009. Kostelec nad Černými lesy (CZ), 09.09.2009-11.09.2009]
    Výzkumný záměr: CEZ:AV0Z70850503
    Klíčová slova: financial system * allocation of resources * external finance
    Kód oboru RIV: AH - Ekonomie

    We investigate the role of financial system to facilitate efficient allocation of resources into perspective projects. Employing micro-level data on European firms in 1996-2005 period, we provide evidence that firms in industries with the best growth opportunities use more external finance in financially more developed countries.
    Trvalý link: http://hdl.handle.net/11104/0183923