Financial dependence, labour regimes and industry growth: Do creditor rights matter?

被引:0
|
作者
Ghosh, Saibal [1 ]
机构
[1] Qatar Cent Bank, POB 1234, Doha, Qatar
关键词
Insolvency and Bankruptcy Code; Financial dependence; Industry; Labour regime; REFORM; FIRMS; INDIA; REGULATIONS; ENFORCEMENT; IMPACT; COSTS; LAW;
D O I
10.1007/s40847-023-00244-1
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
Using 3-digit industry data at the state-level during 2009-2018, the paper assesses the impact of the Insolvency and Bankruptcy Code (IBC) on growth across industries with varying degrees of financial dependence. The findings show that IBC positively impacted industry growth, although this occurred by altering the capital-labour mix in favour of the latter. Robustness tests across industry type and state labour regimes support these findings.
引用
收藏
页码:277 / 292
页数:16
相关论文
共 50 条
  • [1] Financial dependence, labour regimes and industry growth: Do creditor rights matter?
    Saibal Ghosh
    [J]. Journal of Social and Economic Development, 2023, 25 : 277 - 292
  • [2] Financial Development and Economic Growth: Do Outliers Matter?
    Shen, Chung-Hua
    Fan, Xingyu
    Huang, Dengshi
    Zhu, Hongquan
    Wu, Meng-Wen
    [J]. EMERGING MARKETS FINANCE AND TRADE, 2018, 54 (13) : 2925 - 2947
  • [3] The Determinants of Unemployment and the Question of Inclusive Growth in Nigeria: Do Resource Dependence, Government Expenditure and Financial Development Matter?
    Ogbeide, Frank Iyekoretin
    Kanwanye, Hillary
    Kadiri, Sunday
    [J]. MONTENEGRIN JOURNAL OF ECONOMICS, 2015, 11 (02) : 49 - 64
  • [4] Do Labour Rights Matter for Export? A Qualitative Comparative Analysis of Pineapple Trade to the EU
    Gansemans, Annelien
    Martens, Deborah
    D'Haese, Marijke
    Orbie, Jan
    [J]. POLITICS AND GOVERNANCE, 2017, 5 (04): : 93 - 105
  • [5] Urbanization and growth nexus: do international financial flows matter?
    Abbas, Syed Ali
    Syed, Shabib Haider
    Saleem, Qamar
    [J]. JOURNAL OF ECONOMIC STUDIES, 2024,
  • [6] Revisiting the Determinants of Unemployment in Nigeria: Do Resource Dependence and Financial Development Matter?
    Ogbeide, Frank Iyekoretin
    Kanwanye, Hilary
    Kadiri, Sunday
    [J]. AFRICAN DEVELOPMENT REVIEW-REVUE AFRICAINE DE DEVELOPPEMENT, 2016, 28 (04): : 430 - 443
  • [7] Does labour quality matter on productivity growth? The case of the Taiwanese manufacturing industry
    San, Gee
    Huang, Tung-Chun
    Huang, Li-Hsuan
    [J]. TOTAL QUALITY MANAGEMENT & BUSINESS EXCELLENCE, 2008, 19 (10) : 1043 - 1053
  • [8] Stock market growth in Ghana: Do financial sector reforms matter?
    Kamasa, Kofi
    Owusu, Linda
    Asante, Grace Nkansah
    [J]. COGENT BUSINESS & MANAGEMENT, 2023, 10 (01):
  • [9] Do circular economy practices matter for financial growth? An empirical study in China
    Yu, Yubing
    Xu, Jiawei
    Zhang, Justin Zuopeng
    Wu, Ye
    Liao, Zhongju
    [J]. JOURNAL OF CLEANER PRODUCTION, 2022, 370
  • [10] The firm growth-cash flow sensitivity: do financial constraints matter?
    Rashid, Abdul
    Hersi, Mahir Ahmed
    [J]. INTERNATIONAL JOURNAL OF MANAGERIAL FINANCE, 2022, 18 (02) : 317 - 335