메뉴 건너뛰기




Volumn 76, Issue 2, 2005, Pages 503-520

Corporate debt and output pricing in developing countries. Industry-level evidence from Turkey

Author keywords

Corporate debt; Developing countries; Imperfect competition; Product pricing; Stabilization

Indexed keywords

CAPITAL MARKET; COMPETITION (ECONOMICS); DEBT; PRICE DYNAMICS;

EID: 10944229973     PISSN: 03043878     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jdeveco.2004.01.005     Document Type: Article
Times cited : (8)

References (30)
  • 2
    • 0002689871 scopus 로고
    • A theory of predation based on agency problem in financial contracting
    • Patrick Bolton David S. Scharfstein A theory of predation based on agency problem in financial contracting American Economic Review 80 1990 93-106
    • (1990) American Economic Review , vol.80 , pp. 93-106
    • Bolton, P.1    Scharfstein, D.S.2
  • 4
    • 0000488169 scopus 로고
    • Oligopoly and financial structure: Limited liability effect
    • James A. Brander Tracy R. Lewis Oligopoly and financial structure: limited liability effect American Economic Review 76 1986 956-970
    • (1986) American Economic Review , vol.76 , pp. 956-970
    • Brander, J.A.1    Lewis, T.R.2
  • 5
    • 0039569423 scopus 로고
    • Empirical studies of industries with market power
    • Robert Schmalensee Robert Willig (Eds.). North-Holland Amsterdam
    • Timothy F. Bresnahan Empirical studies of industries with market power. In: Robert Schmalensee Robert Willig (Eds.). Handbook of Industrial Organization 1989 North-Holland Amsterdam
    • (1989) Handbook of Industrial Organization
    • Bresnahan, T.F.1
  • 6
    • 0009943197 scopus 로고
    • Capital structure and product-market behavior: Liquidity constraints and the cyclical behavior of markups
    • Judith A. Chevalier David S. Scharfstein Capital structure and product-market behavior: Liquidity constraints and the cyclical behavior of markups AEA Papers and Proceedings 85 1995 390-396
    • (1995) AEA Papers and Proceedings , vol.85 , pp. 390-396
    • Chevalier, J.A.1    Scharfstein, D.S.2
  • 7
    • 0030318587 scopus 로고    scopus 로고
    • Capital-market imperfections and countercyclical markups: Theory and evidence
    • Judith A. Chevalier David S. Scharfstein Capital-market imperfections and countercyclical markups: Theory and evidence American Economic Review 86 1996 703-725
    • (1996) American Economic Review , vol.86 , pp. 703-725
    • Chevalier, J.A.1    Scharfstein, D.S.2
  • 10
    • 10944271702 scopus 로고    scopus 로고
    • Bond indexation, risk premia and disinflation
    • Paper Presented at 12th International Economic Association Congress, August, Buenos Aires
    • Turan Erol Bond indexation, risk premia and disinflation Paper Presented at 12th International Economic Association Congress, August, Buenos Aires 1999
    • (1999)
    • Erol, T.1
  • 11
    • 10944245595 scopus 로고    scopus 로고
    • Our stabilization program: From shock therapy to no therapy
    • Turan Erol Our stabilization program: From shock therapy to no therapy Financial Forum 2000 8-9
    • (2000) Financial Forum , pp. 8-9
    • Erol, T.1
  • 12
    • 10944263138 scopus 로고    scopus 로고
    • Strategic debt with diverse maturity
    • 6th METU International Conference on Economics, September 2002, Ankara, Turkey
    • Turan Erol Strategic debt with diverse maturity 6th METU International Conference on Economics, September 2002, Ankara, Turkey 2002
    • (2002)
    • Erol, T.1
  • 13
    • 0000107944 scopus 로고
    • The debt-deflation theory of great depression
    • Irving Fisher The debt-deflation theory of great depression Econometrica 1 1933 337-356
    • (1933) Econometrica , vol.1 , pp. 337-356
    • Fisher, I.1
  • 14
    • 34547433726 scopus 로고
    • Monetary policy, business cycles, and the behavior of small manufacturing firms
    • Mark Gertler Simon Gilchrist Monetary policy, business cycles, and the behavior of small manufacturing firms Quarterly Journal of Economics 109 1994 309-340
    • (1994) Quarterly Journal of Economics , vol.109 , pp. 309-340
    • Gertler, M.1    Gilchrist, S.2
  • 16
    • 0003654708 scopus 로고
    • Live and Let Live: Collusions Among Oligopolists with Long-Term Debt
    • Working Paper M.A: Boston University
    • Jacob Glazer Live and Let Live: Collusions Among Oligopolists with Long-Term Debt Working Paper 1989 Boston University M.A
    • (1989)
    • Glazer, J.1
  • 17
    • 38149148344 scopus 로고
    • The strategic effects of long-term debt in imperfect competition
    • Jacob Glazer The strategic effects of long-term debt in imperfect competition Journal of Economic Theory 62 1994 428-443
    • (1994) Journal of Economic Theory , vol.62 , pp. 428-443
    • Glazer, J.1
  • 18
    • 0002012333 scopus 로고
    • How much growth can a firm afford
    • Robert Higgins How much growth can a firm afford Financial Management 6 1977 7-176
    • (1977) Financial Management , vol.6 , pp. 7-176
    • Higgins, R.1
  • 21
    • 0000495344 scopus 로고
    • Capital structure in repeated oligopolies
    • Vojislav Maksimovic Capital structure in repeated oligopolies Rand Journal of Economics 19 1988 389-407
    • (1988) Rand Journal of Economics , vol.19 , pp. 389-407
    • Maksimovic, V.1
  • 22
    • 0003251310 scopus 로고
    • Monetary systems and accelerator models
    • Hayman P. Minsky Monetary systems and accelerator models American Economic Review 47 1957 859-882
    • (1957) American Economic Review , vol.47 , pp. 859-882
    • Minsky, H.P.1
  • 23
    • 0032859668 scopus 로고    scopus 로고
    • How does financial pressure affect firms?
    • Stephen Nickell Daphne Nicolitsas How does financial pressure affect firms? European Economic Review 43 1999 1435-1456
    • (1999) European Economic Review , vol.43 , pp. 1435-1456
    • Nickell, S.1    Nicolitsas, D.2
  • 24
    • 0002110167 scopus 로고
    • Increased debt and industry product markets: An empirical analysis
    • Gordon M. Phillips Increased debt and industry product markets: An empirical analysis Journal of Financial Economics 37 1995 189-238
    • (1995) Journal of Financial Economics , vol.37 , pp. 189-238
    • Phillips, G.M.1
  • 25
    • 0002343281 scopus 로고
    • Financial signaling and the 'deep-pocket' argument
    • Michel Potevin Financial signaling and the 'deep-pocket' argument Rand Journal of Economics 20 1989 26-40
    • (1989) Rand Journal of Economics , vol.20 , pp. 26-40
    • Potevin, M.1
  • 26
    • 0001010437 scopus 로고
    • A study of cartel instability: The joint executive committee, 1880-1886
    • Robert H. Porter A study of cartel instability: The joint executive committee, 1880-1886 The Bell Journal of Economics 14 1983 301-314
    • (1983) The Bell Journal of Economics , vol.14 , pp. 301-314
    • Porter, R.H.1
  • 28
    • 0000600803 scopus 로고
    • Oligopoly and financial structure: A comment
    • Dean M. Showalter Oligopoly and financial structure: A comment American Economic Review 85 1995 647-653
    • (1995) American Economic Review , vol.85 , pp. 647-653
    • Showalter, D.M.1
  • 30
    • 0004078791 scopus 로고
    • Corporate financial structures in developing countries
    • Technical Paper No.1, International Finance Corporation, Washington, DC
    • Singh Ajit Hamid Javed Salimi Bahram Nakano Y. 1992, Corporate financial structures in developing countries. Technical Paper No.1, International Finance Corporation, Washington, DC
    • (1992)
    • Singh, A.1    Hamid, J.2    Salimi, B.3    Nakano, Y.4


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.