Impact of primary market on total factor productivity: A cross-country analysis

Schumpeter argued that entrepreneurial finance causes the absorption of innovation in the economy and productivity growth. Previous empirical work, however, reported an insignificant relationship between the primary equity market and economic growth, and suggested exploration of the routes through w...

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Bibliographic Details
Main Authors: Vinod Kumar, Ganesh Kumar Nidugala
Format: Article
Language:English
Published: Taylor & Francis Group 2020-01-01
Series:Cogent Economics & Finance
Subjects:
Online Access:http://dx.doi.org/10.1080/23322039.2020.1786293