Creditor Rights and Innovation : Evidence from China
In this paper I investigate if and how strengthening creditor rights enables firms to engage in more innovation activities, using the enactment of a new property law in China as a natural experiment. By using a newly constructed measure of land unavailability, I find that firms in cities where const...
Main Author: | |
---|---|
Format: | Others |
Language: | English |
Published: |
Handelshögskolan i Stockholm, Institutionen för Finansiell ekonomi
2015
|
Subjects: | |
Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:hhs:diva-2332 http://nbn-resolving.de/urn:isbn:978-91-7258-982-7 |