We survey recent microeconometric research on investment and employment that has used
panel data on individual firms or plants. We focus on model specification and econometric …

This paper is a survey of recent empirical work on financial constraints faced by firms. It is
organized as a series of stylized results which mirror what is generally understood about the …

This paper analysed the effect of intellectual capital on small and medium-sized hotel
financial performance for the period between 2007 and 2015. Using a sample of 934 …

Financing constraints have always been a common problem for small-and medium-sized
enterprises (SMEs) around the world, but the emergence of supply chain finance (SCF) has …

We examine the role of firms' government connections, defined by government intervention
in CEO appointment and the status of state ownership, in determining the severity of …

Financial development is often cited as a very important driver of economic growth in
emerging economies and it is thus likely that financial development affects energy demand …

This study examines the impact of financial development on energy consumption in a
sample of 9 Central and Eastern European frontier economies. Several different measures …

Information problems and lack of collateral value should make R&D more susceptible to
financing frictions than other investments, yet existing evidence on whether financing …

Panel data econometrics continues to be a hot topic in econometrics and has experienced a
lot of growth over the last two decades. Micro-and Macro-panels are increasing in …

This paper estimates the effects of financialization on physical investment in the UK using
panel data based on balance sheets of publicly listed non-financial companies supplied by …