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Max-Planck-Institut für Ökonomik, Jena >
Jena Economic Research Papers, MPI für Ökonomik >
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http://hdl.handle.net/10419/25732
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Eklund, Johan E. | | en_US |
| dc.contributor.author | | Desai, Sameeksha | | en_US |
| dc.date.accessioned | | 2008-07-03 | | en_US |
| dc.date.accessioned | | 2009-07-27T09:40:45Z | | - |
| dc.date.available | | 2009-07-27T09:40:45Z | | - |
| dc.date.issued | | 2008 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/25732 | | - |
| dc.description.abstract | | We apply the accelerator principle to measure the functional efficiency of capital markets. We estimate the elasticity of capital with respect to output using a panel of firms across 44 countries, and compare the results with existing approaches. Furthermore, we correlate our measure with corporate governance institutions. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Universität Jena und Max-Planck-Institut für Ökonomik Jena | | en_US |
| dc.relation.ispartofseries | | Jena economic research papers 2008,051 | | en_US |
| dc.subject.jel | | C00 | | en_US |
| dc.subject.jel | | G32 | | en_US |
| dc.subject.jel | | P00 | | en_US |
| dc.subject.keyword | | Allocation of capital | | en_US |
| dc.subject.keyword | | accelerator principle | | en_US |
| dc.subject.keyword | | functional efficiency | | en_US |
| dc.subject.stw | | Finanzmarkt | | en_US |
| dc.subject.stw | | Allokationseffizienz | | en_US |
| dc.subject.stw | | Investition | | en_US |
| dc.subject.stw | | Elastizität | | en_US |
| dc.subject.stw | | Tobin's Q | | en_US |
| dc.subject.stw | | Unternehmensentwicklung | | en_US |
| dc.subject.stw | | Wertschöpfung | | en_US |
| dc.subject.stw | | Corporate Governance | | en_US |
| dc.subject.stw | | Schätzung | | en_US |
| dc.subject.stw | | Welt | | en_US |
| dc.title | | Measuring the functional efficiency of capital markets | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 571271308 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | Jena Economic Research Papers, MPI für Ökonomik
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