Industry growth and capital allocation: Does having a market- or bank-based system matter? [Dataset]

DOI

Are market-based or bank-based financial systems better at financing the expansion of industries that depend heavily on external finance, facilitating the formation of new establishments, and improving the efficiency of capital allocation across industries? We find evidence for neither the market-based nor the bank-based hypothesis. While legal system efficiency and overall financial development boost industry growth, new establishment formation, and efficient capital allocation, having a bank-based or market-based system per se does not seem to matter much.

DSA Proof. - Universe: 42 countries and 36 manufacturing industries

Identifier
DOI https://doi.org/10.34894/J3MNUF
Metadata Access https://dataverse.nl/oai?verb=GetRecord&metadataPrefix=oai_datacite&identifier=doi:10.34894/J3MNUF
Provenance
Creator T. Beck; R. Levine
Publisher DataverseNL
Contributor DataverseNL
Publication Year 2013
Rights CC-BY-4.0; info:eu-repo/semantics/openAccess; http://creativecommons.org/licenses/by/4.0
OpenAccess true
Representation
Resource Type Miscellaneous data; Dataset
Format application/vnd.openxmlformats-officedocument.wordprocessingml.document; application/vnd.ms-excel
Size 40585; 1826816
Version 7.0
Discipline Business and Management; Economics; Jurisprudence; Law; Social and Behavioural Sciences