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Financial Development, Property Rights, and Growth

The authors analyze how property rights affect the allocation of firms' available resources among different types of assets. In particular, they investigate empirically for a large number of countries whether firms in environments with more se...

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Bibliographic Details
Main Authors:	Claessens, Stijn, Laeven, Luc
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ACCOUNTING PRACTICES ACCOUNTING STANDARDS ACCUMULATED DEPRECIATION ASSETS BANK LOANS BANKING SYSTEM BENCHMARK BENCHMARK DATA BENCHMARKS BUREAUCRACY BUSINESS ENVIRONMENT CAPITALIZATION COAL COMPARATIVE ADVANTAGE CONTRACT ENFORCEMENT CORRUPTION DEBT DEVELOPED COUNTRIES ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC PERFORMANCE ECONOMICS LITERATURE EMPIRICAL ANALYSIS ENDOGENOUS VARIABLES FINANCIAL DEVELOPMENT FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SYSTEMS GDP GROWTH POTENTIAL GROWTH RATE GROWTH RATES HUMAN CAPITAL INCOME INSTITUTIONAL FRAMEWORK INSTITUTIONAL VARIABLES INTANGIBLE ASSETS INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INVENTIONS LAND OWNERSHIP LEGAL FRAMEWORK LEGAL ORIGIN LEGAL PROTECTION LEGAL SYSTEMS LIQUIDATION NET VALUE PATENT PATENTS PRIVATE PROPERTY PROPERTY RIGHTS RULE OF LAW SECURE PROPERTY RIGHTS SUBSIDIARIES TRADEMARKS TRANSITION ECONOMIES VALUE ADDED
Online Access:	http://documents.worldbank.org/curated/en/2002/11/2072637/financial-development-property-rights-growth http://hdl.handle.net/10986/19201