Template-type: ReDif-Paper 1.0
Author-Name: Bruinshoofd W.Allard
Author-Name: Letterie Wilko A.
Author-workplace-name: METEOR
Title: Comovement of Sales, Retention Practice and Financing Constraints in Dutch Manufacturing
Abstract: This paper assesses the significance of financing constraints in investment decisions for a balanced panel of 206 of the largest Dutch manufacturing firms over the period 1983-1996, employing split sample analysis of reduced form investment equations. Our empirical evidence demonstrates that financing constraints matter in Dutch manufacturing and are associated with high retention practice and strong firm-industry sales comovement.
Keywords: mathematical economics; 
Series: Research Memoranda
Creation-Date: 2001
Number: 001
File-URL: http://digitalarchive.maastrichtuniversity.nl/fedora/objects/guid:2c8bba5d-1d4c-4ad6-bd78-c60d26913ae1/datastreams/ASSET1/content
File-Format: application/pdf
File-Size: 163432
Handle: RePEc:unm:umamet:2001001