Spaliara, M.E. (2011) Financial frictions and the K/L ratio in UK manufacturing. Economics Letters, 112(1), pp. 23-25. (doi: 10.1016/j.econlet.2011.03.015)
|
Text
ID49632.pdf 255kB |
Abstract
We investigate whether technological differences of UK manufacturing industries influence the response of firms’ capital–labour (K/L) ratio to changes in financial indicators under financial frictions. The results reveal that technological factors along with internal funds significantly affect the K/L ratio for financially constrained firms.
Item Type: | Articles |
---|---|
Additional Information: | NOTE: This is the author’s version of a work that was accepted for publication in Economics Letters. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Economics Letters, Vol. 112, Issue 1, July 2011, DOI: 10.1016/j.econlet.2011.03.015 |
Status: | Published |
Refereed: | Yes |
Glasgow Author(s) Enlighten ID: | Spaliara, Professor Marina Eliza |
Authors: | Spaliara, M.E. |
Subjects: | H Social Sciences > HG Finance |
College/School: | College of Social Sciences > Adam Smith Business School > Economics |
Journal Name: | Economics Letters |
Publisher: | Elsevier BV |
ISSN: | 0165-1765 |
ISSN (Online): | 1873-7374 |
Published Online: | 03 April 2011 |
Copyright Holders: | Copyright © 2011 Elsevier B.V. |
First Published: | First published in Economics Letters 112 (1) : 23-25 |
Publisher Policy: | Reproduced in accordance with the copyright policy of the publisher. |
University Staff: Request a correction | Enlighten Editors: Update this record