Why Does Capital No Longer Flow More to the Industries with the Best Growth Opportunities?
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- Lee, Dong Wook & Shin, Hyun-Han & Stulz, Rene M., 2016. "Why Does Capital No Longer Flow More to the Industries with the Best Growth Opportunities?," Working Paper Series 2016-15, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
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- Yuan, Li & Rao, Siqi & Yang, Shenggang & Dai, Pengyi, 2023. "Does equity market openness increase productivity? the dual effects of Shanghai-Hong Kong stock Connect program in China," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 88(C).
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Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 48(2 (Fall)), pages 89-190.
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Journal of Finance, American Finance Association, vol. 73(6), pages 2787-2836, December.
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More about this item
JEL classification:
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
- G35 - Financial Economics - - Corporate Finance and Governance - - - Payout Policy
- L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2016-12-18 (Macroeconomics)
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