Interactions between Financial Constraints and Economic Growth

Detalhes bibliográficos
Autor(a) principal: Jerónimo, João
Data de Publicação: 2021
Outros Autores: Azevedo, Assis, Neves, Pedro, Thompson, Maria
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: https://hdl.handle.net/1822/75144
Resumo: Wishing to contribute theoretically to the understanding of the interactions between financial constraints and economic growth, we introduce financial dynamics in the R&D-based growth literature, by developing a generalization of Romer’s (1990) growth model, in which the original framework arises as a special case. We find that the overall effects of informational asymmetries on growth are negative, whilst asymptotically tending to null as our introduced financial parameter tends to zero.
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spelling Interactions between Financial Constraints and Economic GrowthFinancial constraintsEconomic growthWishing to contribute theoretically to the understanding of the interactions between financial constraints and economic growth, we introduce financial dynamics in the R&D-based growth literature, by developing a generalization of Romer’s (1990) growth model, in which the original framework arises as a special case. We find that the overall effects of informational asymmetries on growth are negative, whilst asymptotically tending to null as our introduced financial parameter tends to zero.Fundação para a Ciência e Tecnologia (FCT)Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)Universidade do MinhoJerónimo, JoãoAzevedo, AssisNeves, PedroThompson, Maria20212021-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/1822/75144enghttps://nipe.eeg.uminho.pt/publicacoes-nipe/#documentos-de-trabalhoinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-21T12:07:16Zoai:repositorium.sdum.uminho.pt:1822/75144Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T18:58:10.152878Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Interactions between Financial Constraints and Economic Growth
title Interactions between Financial Constraints and Economic Growth
spellingShingle Interactions between Financial Constraints and Economic Growth
Jerónimo, João
Financial constraints
Economic growth
title_short Interactions between Financial Constraints and Economic Growth
title_full Interactions between Financial Constraints and Economic Growth
title_fullStr Interactions between Financial Constraints and Economic Growth
title_full_unstemmed Interactions between Financial Constraints and Economic Growth
title_sort Interactions between Financial Constraints and Economic Growth
author Jerónimo, João
author_facet Jerónimo, João
Azevedo, Assis
Neves, Pedro
Thompson, Maria
author_role author
author2 Azevedo, Assis
Neves, Pedro
Thompson, Maria
author2_role author
author
author
dc.contributor.none.fl_str_mv Universidade do Minho
dc.contributor.author.fl_str_mv Jerónimo, João
Azevedo, Assis
Neves, Pedro
Thompson, Maria
dc.subject.por.fl_str_mv Financial constraints
Economic growth
topic Financial constraints
Economic growth
description Wishing to contribute theoretically to the understanding of the interactions between financial constraints and economic growth, we introduce financial dynamics in the R&D-based growth literature, by developing a generalization of Romer’s (1990) growth model, in which the original framework arises as a special case. We find that the overall effects of informational asymmetries on growth are negative, whilst asymptotically tending to null as our introduced financial parameter tends to zero.
publishDate 2021
dc.date.none.fl_str_mv 2021
2021-01-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://hdl.handle.net/1822/75144
url https://hdl.handle.net/1822/75144
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://nipe.eeg.uminho.pt/publicacoes-nipe/#documentos-de-trabalho
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)
publisher.none.fl_str_mv Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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