Financial frictions and the K/L ratio in UK manufacturing industries

Using comprehensive financial data on UK unquoted firms, we investigate whether technological differences of UK manufacturing industries influence the response of firms' capital-labour ratio (K/L) to changes in financial indicators under capital market imperfections. The results reveal that cas...

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Bibliographic Details
Main Author: Marina-Eliza Spaliara
Format: Default Preprint
Published: 2010
Subjects:
Other economics not elsewhere classified
Financial frictions
Capital-labour ratio
Manufacturing industries
Economics not elsewhere classified
Online Access:https://hdl.handle.net/2134/6049
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