dc.contributor.author | Schclarek Curutchet, Alfredo | |
dc.contributor.author | Navarrete, José Luis | |
dc.date.accessioned | 2021-05-19T18:24:58Z | |
dc.date.available | 2021-05-19T18:24:58Z | |
dc.date.issued | 2013-11 | |
dc.identifier.isbn | 978-987-28590-1-5 | |
dc.identifier.uri | http://hdl.handle.net/11086/18349 | |
dc.description.abstract | This paper empirically and theoretically studies industry or sec- tor diversication as a determinant to nancial development. The empirical evidence nds evidence that there is a robust relationship between industry (or sector) diversication and nancial development. The theoretical model explains these results by modeling the endoge- nous development of the nancial system as a result of industry (or sector) diversication. An economy with more sectors (industry di- versication) imply a greater opportunity for diversifying lending risk and thus a reduction in the aggregate risk of the nancial system. This reduction in the aggregate risk of the nancial system is what de- termines nancial development. The policy implications are that the government should promote the creation of new industrial sectors by subsidizing R&D and horizontal innovation | es |
dc.description.uri | http://www.aaep.org.ar/anales/works/works2013/schclarek.pdf | |
dc.format.medium | Electrónico y/o Digital | |
dc.language.iso | eng | es |
dc.publisher | Asociación Argentina de Economía Política | es |
dc.rights | Atribución-NoComercial-CompartirIgual 4.0 Internacional | * |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-sa/4.0/ | * |
dc.subject | Vertical innovation | en |
dc.subject | Horizontal innovation | en |
dc.subject | Industry diversification | en |
dc.subject | Financial development | en |
dc.subject | Economic growth | en |
dc.subject | Imperfect information | en |
dc.title | Financial development and industry diversification | en |
dc.type | conferenceObject | es |
dc.description.fil | Fil: Schclarek Curutchet, Alfredo. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Departamento de Economía y Finanzas; Argentina. | es |
dc.description.fil | Fil: Schclarek Curutchet, Alfredo. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. | es |
dc.description.fil | Fil: Navarrete, José Luis. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Departamento de Economía y Finanzas; Argentina. | es |
dc.description.fil | Fil: Navarrete, José Luis. Universidad Nacional de Chilecito; Argentina. | es |
dc.description.field | Economía, Econometría | |
dc.conference.city | Rosario | |
dc.conference.country | Argentina | |
dc.conference.editorial | Asociacion Argentina de Economia Politica | |
dc.conference.event | XLVIII Reunión Anual de la Asociación Argentina de Economía Política | |
dc.conference.eventcity | Rosario | |
dc.conference.eventcountry | Argentina | |
dc.conference.eventdate | 2013-11 | |
dc.conference.institution | Asociacion Argentina de Economia Politica | |
dc.conference.journal | Anales de la Asociación Argentina de Economía Plítica | |
dc.conference.publication | Libro | |
dc.conference.work | Artículo Completo | |
dc.conference.type | Congreso | |