It takes the average reader 1 hour and 16 minutes to read Credit Supply and Productivity Growth by Francesco Manaresi
Assuming a reading speed of 250 words per minute. Learn more
We study the impact of bank credit on firm productivity. We exploit a matched firm-bank database covering all the credit relationships of Italian corporations, together with a natural experiment, to measure idiosyncratic supply-side shocks to credit availability and to estimate a production model augmented with financial frictions. We find that a contraction in credit supply causes a reduction of firm TFP growth and also harms IT-adoption, innovation, exporting, and adoption of superior management practices, while a credit expansion has limited impact. Quantitatively, the credit contraction...
Credit Supply and Productivity Growth by Francesco Manaresi is 75 pages long, and a total of 19,125 words.
This makes it 25% the length of the average book. It also has 23% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 44 minutes to read Credit Supply and Productivity Growth aloud.
Credit Supply and Productivity Growth is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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