메뉴 건너뛰기




Volumn 89, Issue 1, 2008, Pages 83-108

Big business stability and economic growth: Is what's good for General Motors good for America?

Author keywords

Business stability; Creative destruction; Economic growth

Indexed keywords


EID: 47849122079     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jfineco.2007.06.004     Document Type: Article
Times cited : (100)

References (110)
  • 1
    • 18844377566 scopus 로고    scopus 로고
    • Institutions as the fundamental cause of long-run economic growth
    • Aghion P., and Durlauf S. (Eds), North-Holland, Amsterdam, The Netherlands
    • Acemoglu D., Johnson S., and Robinson J. Institutions as the fundamental cause of long-run economic growth. In: Aghion P., and Durlauf S. (Eds). Handbook of Economic Growth (2005), North-Holland, Amsterdam, The Netherlands
    • (2005) Handbook of Economic Growth
    • Acemoglu, D.1    Johnson, S.2    Robinson, J.3
  • 2
    • 3142685443 scopus 로고    scopus 로고
    • Productivity growth and firm size distribution
    • Acs Z., Carlsson B., and Karlsson C. (Eds), Cambridge University Press, UK
    • Acs Z., Morck R., and Yeung B. Productivity growth and firm size distribution. In: Acs Z., Carlsson B., and Karlsson C. (Eds). Entrepreneurship, Small and Medium Sized Enterprises and the Macroeconomy (1999), Cambridge University Press, UK 367-396
    • (1999) Entrepreneurship, Small and Medium Sized Enterprises and the Macroeconomy , pp. 367-396
    • Acs, Z.1    Morck, R.2    Yeung, B.3
  • 3
    • 33749997699 scopus 로고    scopus 로고
    • The history of corporate ownership in Italy
    • Morck R. (Ed), University of Chicago Press, Chicago, IL and London, UK
    • Aganin A., and Volpin P. The history of corporate ownership in Italy. In: Morck R. (Ed). A History of Corporate Governance Around the World (2005), University of Chicago Press, Chicago, IL and London, UK 325-361
    • (2005) A History of Corporate Governance Around the World , pp. 325-361
    • Aganin, A.1    Volpin, P.2
  • 4
    • 0000367928 scopus 로고
    • A model of growth through creative destruction
    • Aghion P., and Howitt P.W. A model of growth through creative destruction. Econometrica 60 (1992) 323-351
    • (1992) Econometrica , vol.60 , pp. 323-351
    • Aghion, P.1    Howitt, P.W.2
  • 5
    • 0001252033 scopus 로고    scopus 로고
    • A Schumpeterian perspective on growth and competition
    • Krepts D., and Wallis K. (Eds), Cambridge University Press, Cambridge, UK
    • Aghion P., and Howitt P.W. A Schumpeterian perspective on growth and competition. In: Krepts D., and Wallis K. (Eds). Advances in Economics and Econometrics: Theory and Application (1997), Cambridge University Press, Cambridge, UK 279-317
    • (1997) Advances in Economics and Econometrics: Theory and Application , pp. 279-317
    • Aghion, P.1    Howitt, P.W.2
  • 7
    • 48349085941 scopus 로고    scopus 로고
    • Aghion, P., Angeletos, G.-M., Banerjee, A., Manova, K., 2005. Volatility and growth: financial development and the cyclical composition of investment. Unpublished working paper. Harvard University, Cambridge, MA.
    • Aghion, P., Angeletos, G.-M., Banerjee, A., Manova, K., 2005. Volatility and growth: financial development and the cyclical composition of investment. Unpublished working paper. Harvard University, Cambridge, MA.
  • 8
    • 48349102542 scopus 로고    scopus 로고
    • Asiaweek, 2000. Tokyo's Sago shocker: a bailout and a reversal show no policy at all. Sprague, J., Mutsuko, M., July 28.
    • Asiaweek, 2000. Tokyo's Sago shocker: a bailout and a reversal show no policy at all. Sprague, J., Mutsuko, M., July 28.
  • 9
    • 0026277597 scopus 로고
    • Economic growth in a cross section of countries
    • Barro R. Economic growth in a cross section of countries. Quarterly Journal of Economics 106 2 (1991) 407-443
    • (1991) Quarterly Journal of Economics , vol.106 , Issue.2 , pp. 407-443
    • Barro, R.1
  • 10
    • 0034918605 scopus 로고    scopus 로고
    • International data on educational attainment: updates and implications
    • Barro R., and Lee J.-W. International data on educational attainment: updates and implications. Oxford Economics Papers 53 (2001) 541-563
    • (2001) Oxford Economics Papers , vol.53 , pp. 541-563
    • Barro, R.1    Lee, J.-W.2
  • 11
    • 0030436309 scopus 로고    scopus 로고
    • Growth, economies of scale, and targeting in Japan (1955-1990)
    • Beason R., and Weinstein D. Growth, economies of scale, and targeting in Japan (1955-1990). Review of Economics and Statistics 78 2 (1996) 286-295
    • (1996) Review of Economics and Statistics , vol.78 , Issue.2 , pp. 286-295
    • Beason, R.1    Weinstein, D.2
  • 12
    • 0036091092 scopus 로고    scopus 로고
    • Industry growth and capital allocation: does having a market- or bank-based system matter?
    • Beck T., and Levine R. Industry growth and capital allocation: does having a market- or bank-based system matter?. Journal of Financial Economics 64 2 (2002) 147-180
    • (2002) Journal of Financial Economics , vol.64 , Issue.2 , pp. 147-180
    • Beck, T.1    Levine, R.2
  • 15
    • 37449019492 scopus 로고    scopus 로고
    • Capital markets: an engine for economic growth
    • Bekaert G., and Harvey C. Capital markets: an engine for economic growth. Brown Journal of World Affairs 5 1 (1998) 33-53
    • (1998) Brown Journal of World Affairs , vol.5 , Issue.1 , pp. 33-53
    • Bekaert, G.1    Harvey, C.2
  • 18
    • 48349117711 scopus 로고    scopus 로고
    • Business Week, 1998. Malaysia: the feud & how Mahathir and Anwar became embroiled in a class that threatens to send Malaysia into upheaval. Prasso, S., Clifford, M., Barnathan, J., October 28.
    • Business Week, 1998. Malaysia: the feud & how Mahathir and Anwar became embroiled in a class that threatens to send Malaysia into upheaval. Prasso, S., Clifford, M., Barnathan, J., October 28.
  • 19
    • 66149171626 scopus 로고    scopus 로고
    • Accounting for cross-country income differences
    • Aghion P., and Durlauf S. (Eds), North-Holland, Amsterdam
    • Caselli F. Accounting for cross-country income differences. In: Aghion P., and Durlauf S. (Eds). Handbook of Economic Growth Vol. 1 (2005), North-Holland, Amsterdam 679-741
    • (2005) Handbook of Economic Growth , vol.1 , pp. 679-741
    • Caselli, F.1
  • 23
    • 0042829594 scopus 로고    scopus 로고
    • The separation of ownership and control in East Asian corporations
    • Claessens S., Djankov S., and Lang L.H.P. The separation of ownership and control in East Asian corporations. Journal of Financial Economics 58 1-2 (2000) 81-112
    • (2000) Journal of Financial Economics , vol.58 , Issue.1-2 , pp. 81-112
    • Claessens, S.1    Djankov, S.2    Lang, L.H.P.3
  • 25
    • 0030301517 scopus 로고    scopus 로고
    • A new dataset measuring income inequality
    • Deininger K., and Squire L. A new dataset measuring income inequality. World Bank Economic Review 10 3 (1996) 565-591
    • (1996) World Bank Economic Review , vol.10 , Issue.3 , pp. 565-591
    • Deininger, K.1    Squire, L.2
  • 27
    • 0040153325 scopus 로고    scopus 로고
    • Africa's growth tragedy: policies and ethnic divisions
    • Easterly W., and Levine R. Africa's growth tragedy: policies and ethnic divisions. Quarterly Journal of Economics 112 (1997) 1203-1250
    • (1997) Quarterly Journal of Economics , vol.112 , pp. 1203-1250
    • Easterly, W.1    Levine, R.2
  • 29
    • 0036334425 scopus 로고    scopus 로고
    • The ultimate ownership in Western European corporations
    • Faccio M., and Lang L. The ultimate ownership in Western European corporations. Journal of Financial Economics 65 3 (2002) 365-395
    • (2002) Journal of Financial Economics , vol.65 , Issue.3 , pp. 365-395
    • Faccio, M.1    Lang, L.2
  • 30
    • 48349123413 scopus 로고    scopus 로고
    • Fogel, K., 2008. Entry and the dominance of large firms. Unpublished working paper. University of Arkansas, Fayetteville, AR.
    • Fogel, K., 2008. Entry and the dominance of large firms. Unpublished working paper. University of Arkansas, Fayetteville, AR.
  • 31
    • 6044238687 scopus 로고    scopus 로고
    • Assessing the efficiency gain from further liberalization: conference on efficiency
    • Porter R., Sauve P., Subramanian A., and Zampetti A. (Eds), Brookings Institution Press, Washington, DC
    • Frankel J.A. Assessing the efficiency gain from further liberalization: conference on efficiency. In: Porter R., Sauve P., Subramanian A., and Zampetti A. (Eds). Equity and Legitimacy: the Multilateral Trading System at the Millennium, In Honor of Raymond Vernon (2001), Brookings Institution Press, Washington, DC
    • (2001) Equity and Legitimacy: the Multilateral Trading System at the Millennium, In Honor of Raymond Vernon
    • Frankel, J.A.1
  • 33
    • 48349117344 scopus 로고    scopus 로고
    • Corruption and reform: an introduction
    • Glaeser E., and Goldin C. (Eds), University of Chicago Press, Chicago, IL
    • Glaeser E., and Goldin C. Corruption and reform: an introduction. In: Glaeser E., and Goldin C. (Eds). Corruption and Reform: Lessons from America's History (2006), University of Chicago Press, Chicago, IL
    • (2006) Corruption and Reform: Lessons from America's History
    • Glaeser, E.1    Goldin, C.2
  • 34
    • 0004296209 scopus 로고    scopus 로고
    • Pearson Prentice-Hall, Upper Saddle River, New Jersey
    • Greene W. Econometric Analysis. sixth ed (2007), Pearson Prentice-Hall, Upper Saddle River, New Jersey
    • (2007) Econometric Analysis. sixth ed
    • Greene, W.1
  • 37
    • 0001890195 scopus 로고    scopus 로고
    • Why do some countries produce so much more output per worker than others?
    • Hall R., and Jones C. Why do some countries produce so much more output per worker than others?. Quarterly Journal of Economics 114 1 (1999) 83-116
    • (1999) Quarterly Journal of Economics , vol.114 , Issue.1 , pp. 83-116
    • Hall, R.1    Jones, C.2
  • 38
    • 0003996038 scopus 로고
    • University of Chicago Press, Chicago, IL
    • Hayek F. The Road to Serfdom (1944), University of Chicago Press, Chicago, IL
    • (1944) The Road to Serfdom
    • Hayek, F.1
  • 41
    • 0000323668 scopus 로고    scopus 로고
    • Do stock market liberalizations cause investment booms?
    • Henry P.B. Do stock market liberalizations cause investment booms?. Journal of Financial Economics 58 1-2 (2000) 301-334
    • (2000) Journal of Financial Economics , vol.58 , Issue.1-2 , pp. 301-334
    • Henry, P.B.1
  • 42
    • 0008919779 scopus 로고    scopus 로고
    • Stock market liberalization, economic reform, and emerging market equity prices
    • Henry P.B. Stock market liberalization, economic reform, and emerging market equity prices. Journal of Finance 55 2 (2000) 529-562
    • (2000) Journal of Finance , vol.55 , Issue.2 , pp. 529-562
    • Henry, P.B.1
  • 43
    • 2442587088 scopus 로고    scopus 로고
    • Capital-account liberalization, the cost of capital, and economic growth
    • Henry P.B. Capital-account liberalization, the cost of capital, and economic growth. American Economic Review 93 2 (2003) 91-96
    • (2003) American Economic Review , vol.93 , Issue.2 , pp. 91-96
    • Henry, P.B.1
  • 44
    • 48349128915 scopus 로고    scopus 로고
    • The history and politics of corporate ownership in Sweden
    • Morck R. (Ed), University of Chicago Press, Chicago, IL and London, UK
    • Högfeldt P. The history and politics of corporate ownership in Sweden. In: Morck R. (Ed). A History of Corporate Governance Around the World (2005), University of Chicago Press, Chicago, IL and London, UK 517-579
    • (2005) A History of Corporate Governance Around the World , pp. 517-579
    • Högfeldt, P.1
  • 46
    • 48349135080 scopus 로고    scopus 로고
    • International Herald Tribune, 2002. Schroeder seeks bailout aid for bankrupt firm. July 6.
    • International Herald Tribune, 2002. Schroeder seeks bailout aid for bankrupt firm. July 6.
  • 47
    • 47849107249 scopus 로고    scopus 로고
    • John, K., Litov, L., Yeung, B., 2008. Corporate governance and risk taking. Journal of Finance, forthcoming.
    • John, K., Litov, L., Yeung, B., 2008. Corporate governance and risk taking. Journal of Finance, forthcoming.
  • 48
    • 0037292733 scopus 로고    scopus 로고
    • Cronyism and capital controls: evidence from Malaysia
    • Johnson S., and Mitton T. Cronyism and capital controls: evidence from Malaysia. Journal of Financial Economics 67 2 (2003) 351-382
    • (2003) Journal of Financial Economics , vol.67 , Issue.2 , pp. 351-382
    • Johnson, S.1    Mitton, T.2
  • 49
    • 0000859784 scopus 로고    scopus 로고
    • Is group affiliation profitable in emerging markets? An analysis of diversified Indian business groups
    • Khanna T., and Palepu K. Is group affiliation profitable in emerging markets? An analysis of diversified Indian business groups. Journal of Finance 55 2 (2000) 867-893
    • (2000) Journal of Finance , vol.55 , Issue.2 , pp. 867-893
    • Khanna, T.1    Palepu, K.2
  • 50
    • 34247482883 scopus 로고
    • Finance and growth: Schumpeter might be right
    • King R., and Levine R. Finance and growth: Schumpeter might be right. Quarterly Journal of Economics 108 3 (1993) 717-738
    • (1993) Quarterly Journal of Economics , vol.108 , Issue.3 , pp. 717-738
    • King, R.1    Levine, R.2
  • 52
    • 84977406211 scopus 로고
    • The soft budget constraint
    • Kornai J. The soft budget constraint. Kyklos 39 1 (1986) 3-30
    • (1986) Kyklos , vol.39 , Issue.1 , pp. 3-30
    • Kornai, J.1
  • 53
    • 0000367973 scopus 로고
    • The political economy of the rent-seeking society
    • Krueger A. The political economy of the rent-seeking society. American Economic Review 64 3 (1974) 291-303
    • (1974) American Economic Review , vol.64 , Issue.3 , pp. 291-303
    • Krueger, A.1
  • 54
    • 0003168057 scopus 로고
    • Virtuous and vicious circles in economic development
    • Krueger A. Virtuous and vicious circles in economic development. American Economic Review 83 2 (1993) 351-355
    • (1993) American Economic Review , vol.83 , Issue.2 , pp. 351-355
    • Krueger, A.1
  • 55
  • 62
    • 0036822431 scopus 로고    scopus 로고
    • Bank-based or market-based financial systems: which is better?
    • Levine R. Bank-based or market-based financial systems: which is better?. Journal of Financial Intermediation 11 4 (2002) 398-428
    • (2002) Journal of Financial Intermediation , vol.11 , Issue.4 , pp. 398-428
    • Levine, R.1
  • 65
    • 0006002982 scopus 로고
    • The social possibilities of economic chivalry
    • Marshall A. The social possibilities of economic chivalry. Economic Journal 17 1 (1907) 7-29
    • (1907) Economic Journal , vol.17 , Issue.1 , pp. 7-29
    • Marshall, A.1
  • 67
    • 48349139526 scopus 로고    scopus 로고
    • Maurer, N., Haber, S., 2004. Related lending and economic performance: evidence from Mexico. Unpublished working paper, Stanford University, Stanford, CA.
    • Maurer, N., Haber, S., 2004. Related lending and economic performance: evidence from Mexico. Unpublished working paper, Stanford University, Stanford, CA.
  • 68
    • 84993888589 scopus 로고
    • The financial and operating performance of newly privatized firms: an international perspective
    • Megginson W., Nash R., and van Randenborgh M. The financial and operating performance of newly privatized firms: an international perspective. Journal of Finance 49 2 (1994) 403-452
    • (1994) Journal of Finance , vol.49 , Issue.2 , pp. 403-452
    • Megginson, W.1    Nash, R.2    van Randenborgh, M.3
  • 69
    • 0041020462 scopus 로고    scopus 로고
    • Banks and corporate control in Japan
    • Morck R., and Nakamura M. Banks and corporate control in Japan. Journal of Finance 54 1 (1999) 319-340
    • (1999) Journal of Finance , vol.54 , Issue.1 , pp. 319-340
    • Morck, R.1    Nakamura, M.2
  • 70
    • 27744568017 scopus 로고    scopus 로고
    • Family control and the rent-seeking society
    • Morck R., and Yeung B. Family control and the rent-seeking society. Entrepreneurship Theory and Practice 28 4 (2004) 391-409
    • (2004) Entrepreneurship Theory and Practice , vol.28 , Issue.4 , pp. 391-409
    • Morck, R.1    Yeung, B.2
  • 71
    • 33750615636 scopus 로고    scopus 로고
    • The global history of corporate governance: an introduction
    • Morck R. (Ed), University of Chicago Press, Chicago, IL and London, UK
    • Morck R., and Steier L. The global history of corporate governance: an introduction. In: Morck R. (Ed). A History of Corporate Governance Around the World (2005), University of Chicago Press, Chicago, IL and London, UK 1-64
    • (2005) A History of Corporate Governance Around the World , pp. 1-64
    • Morck, R.1    Steier, L.2
  • 72
    • 35449002012 scopus 로고    scopus 로고
    • Business groups and the big push: Meiji Japan's mass privatization and subsequent growth
    • Morck R., and Nakamura M. Business groups and the big push: Meiji Japan's mass privatization and subsequent growth. Enterprise and Society 8 Sept. (2008) 543-601
    • (2008) Enterprise and Society , vol.8 , Issue.Sept , pp. 543-601
    • Morck, R.1    Nakamura, M.2
  • 73
    • 0011831464 scopus 로고    scopus 로고
    • Banks, ownership structure, and firm value in Japan
    • Morck R., Nakamura M., and Shivdasani A. Banks, ownership structure, and firm value in Japan. Journal of Business 73 4 (2000) 539-568
    • (2000) Journal of Business , vol.73 , Issue.4 , pp. 539-568
    • Morck, R.1    Nakamura, M.2    Shivdasani, A.3
  • 74
    • 0003293001 scopus 로고    scopus 로고
    • Inherited wealth, corporate control, and economic growth: the Canadian disease
    • Morck R. (Ed), University of Chicago Press, Chicago, IL
    • Morck R., Stangeland D., and Yeung B. Inherited wealth, corporate control, and economic growth: the Canadian disease. In: Morck R. (Ed). Concentrated Corporate Ownership (2000), University of Chicago Press, Chicago, IL 319-369
    • (2000) Concentrated Corporate Ownership , pp. 319-369
    • Morck, R.1    Stangeland, D.2    Yeung, B.3
  • 75
    • 27744576401 scopus 로고    scopus 로고
    • Corporate governance, economic entrenchment and growth
    • Morck R., Wolfenzon D., and Yeung B. Corporate governance, economic entrenchment and growth. Journal of Economics Literature 43 3 (2005) 655-720
    • (2005) Journal of Economics Literature , vol.43 , Issue.3 , pp. 655-720
    • Morck, R.1    Wolfenzon, D.2    Yeung, B.3
  • 79
    • 48349092526 scopus 로고    scopus 로고
    • New York Times, 1999. Navigating the economy of a changing Germany. Andrews, E., December 7.
    • New York Times, 1999. Navigating the economy of a changing Germany. Andrews, E., December 7.
  • 80
    • 67649674381 scopus 로고
    • Rapid growth as a destabilizing force
    • Olson Jr. M. Rapid growth as a destabilizing force. Journal of Economic History 23 4 (1963) 529-552
    • (1963) Journal of Economic History , vol.23 , Issue.4 , pp. 529-552
    • Olson Jr., M.1
  • 84
    • 48349122040 scopus 로고    scopus 로고
    • Perotti, E., Volpin, P., 2007. Politics, investor protection and competition. Unpublished working paper, Centre for Economic Policy Research, London, UK.
    • Perotti, E., Volpin, P., 2007. Politics, investor protection and competition. Unpublished working paper, Centre for Economic Policy Research, London, UK.
  • 85
    • 48349087674 scopus 로고    scopus 로고
    • Perotti, E., Von Thadden, W.-L., 2003. The political economy of bank and market dominance. ECGI-Finance Working Paper 21/2003.
    • Perotti, E., Von Thadden, W.-L., 2003. The political economy of bank and market dominance. ECGI-Finance Working Paper 21/2003.
  • 86
    • 84977702514 scopus 로고
    • Insiders and outsiders: the choice between informed and arm's-length debt
    • Rajan R. Insiders and outsiders: the choice between informed and arm's-length debt. Journal of Finance 47 4 (1992) 1367-1400
    • (1992) Journal of Finance , vol.47 , Issue.4 , pp. 1367-1400
    • Rajan, R.1
  • 87
    • 0037633994 scopus 로고    scopus 로고
    • The great reversals: the politics of financial development in the twentieth century
    • Rajan R., and Zingales L. The great reversals: the politics of financial development in the twentieth century. Journal of Financial Economics 69 1 (2003) 5-50
    • (2003) Journal of Financial Economics , vol.69 , Issue.1 , pp. 5-50
    • Rajan, R.1    Zingales, L.2
  • 88
    • 0004585131 scopus 로고    scopus 로고
    • Why do resource-abundant economies grow more slowly
    • Rodriguez F., and Sachs J. Why do resource-abundant economies grow more slowly. Journal for Economic Growth 4 (1999) 277-303
    • (1999) Journal for Economic Growth , vol.4 , pp. 277-303
    • Rodriguez, F.1    Sachs, J.2
  • 90
    • 84936526527 scopus 로고
    • Increasing returns and long-run growth
    • Romer P.M. Increasing returns and long-run growth. Journal of Political Economy 94 5 (1986) 1002-1038
    • (1986) Journal of Political Economy , vol.94 , Issue.5 , pp. 1002-1038
    • Romer, P.M.1
  • 91
    • 48349083207 scopus 로고    scopus 로고
    • Rosenthal, J., Lamoreaux, N., 2004. Legal regime and business's organizational choice: a comparison of France and the United States. Unpublished working paper 10288, National Bureau of Economic Research, Cambridge, MA.
    • Rosenthal, J., Lamoreaux, N., 2004. Legal regime and business's organizational choice: a comparison of France and the United States. Unpublished working paper 10288, National Bureau of Economic Research, Cambridge, MA.
  • 92
    • 33750021797 scopus 로고    scopus 로고
    • Corporate governance and the plight of minority shareholders in the United States before the Great Depression
    • Glaeser E., and Goldin C. (Eds), University of Chicago Press, Chicago, IL
    • Rosenthal J., and Lamoreaux N. Corporate governance and the plight of minority shareholders in the United States before the Great Depression. In: Glaeser E., and Goldin C. (Eds). Corruption and Reform: Lessons from America's Economic History (2006), University of Chicago Press, Chicago, IL
    • (2006) Corruption and Reform: Lessons from America's Economic History
    • Rosenthal, J.1    Lamoreaux, N.2
  • 94
    • 0001802590 scopus 로고
    • Economic reform and the process of global integration
    • Sachs J., and Warner A. Economic reform and the process of global integration. Brookings Papers on Economic Activity 1995 1 (1995) 1-118
    • (1995) Brookings Papers on Economic Activity , vol.1995 , Issue.1 , pp. 1-118
    • Sachs, J.1    Warner, A.2
  • 99
    • 0036226787 scopus 로고    scopus 로고
    • 'The economy as a whole': the seventh chapter to Schumpeter's theory of economic development (1912) trans. Backhaus, U
    • Schumpeter J.A. 'The economy as a whole': the seventh chapter to Schumpeter's theory of economic development (1912) trans. Backhaus, U. Industry and Innovation 9 (2002) 93-145
    • (2002) Industry and Innovation , vol.9 , pp. 93-145
    • Schumpeter, J.A.1
  • 100
    • 0346821890 scopus 로고    scopus 로고
    • Origins of bad policies: control, corruption and confusion
    • Shleifer A. Origins of bad policies: control, corruption and confusion. Rivista di Politica Economica 108 3 (1996) 599-617
    • (1996) Rivista di Politica Economica , vol.108 , Issue.3 , pp. 599-617
    • Shleifer, A.1
  • 104
    • 0346307687 scopus 로고    scopus 로고
    • Instrumental variables regression with weak instruments
    • Staiger D., and Stock J. Instrumental variables regression with weak instruments. Econometrica 65 (1997) 557-586
    • (1997) Econometrica , vol.65 , pp. 557-586
    • Staiger, D.1    Stock, J.2
  • 106
    • 23944437887 scopus 로고    scopus 로고
    • The limits of financial globalization
    • Stulz R. The limits of financial globalization. Journal of Finance 60 4 (2005) 1595-1638
    • (2005) Journal of Finance , vol.60 , Issue.4 , pp. 1595-1638
    • Stulz, R.1
  • 108
    • 84979190207 scopus 로고
    • The welfare costs of tariffs, monopolies, and theft
    • Tullock G. The welfare costs of tariffs, monopolies, and theft. Western Economic Journal 5 (1967) 224-232
    • (1967) Western Economic Journal , vol.5 , pp. 224-232
    • Tullock, G.1
  • 110
    • 0000662187 scopus 로고    scopus 로고
    • Financial markets and the allocation of capital
    • Wurgler J. Financial markets and the allocation of capital. Journal of Financial Economics 58 (2000) 187-214
    • (2000) Journal of Financial Economics , vol.58 , pp. 187-214
    • Wurgler, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.