Series: IMF Working Papers
Author(s): Anna Ilyina , and Roberto Samaniego
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2008
Keywords: Technology, financial development, external finance dependence, industry growth, R&;amp;#x0026;D intensity, investment lumpiness, r &;amp; d, correlations, r &;amp; d intensity, standard errors
The benefits from financial development are known to vary across industries. However, no systematic effort has been made to determine the technological characteristics that are shared by industries that tend to gro...