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Financial constraints and productivity: evidence from euro area companies

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  • Ferrando, Annalisa
  • Ruggieri, Alessandro

Abstract

In this paper we consider the relation between firms JEL Classification: D24, G32, O16

Suggested Citation

  • Ferrando, Annalisa & Ruggieri, Alessandro, 2015. "Financial constraints and productivity: evidence from euro area companies," Working Paper Series 1823, European Central Bank.
    • Handle: RePEc:ecb:ecbwps:20151823
    Note: 235236
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    References listed on IDEAS

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    More about this item

    Keywords

    cross-country; financial constraints; productivity; sectoral analysis; SMEs;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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