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Economic concentration and finance: Evidence from Russian regions
(18.05.2015)
BOFIT Discussion Papers 18/2015
BOFIT Discussion Papers 18/2015
The paper investigates the relationship between economic concentration and level of financial development to illuminate the linkage of real economy structure and financial markets. Using data from 81 Russian regions for ...
Local government debt and economic growth in China
(02.12.2014)
BOFIT Discussion Papers 20/2014
BOFIT Discussion Papers 20/2014
China’s local government debt (LGD) has recently become the focus of economic policy debates. However, information about LGD and its impact on economic growth in the Chinese economy is scarce. This paper attempts to present ...