Financial Constraints and Investments: a Quasi-Experiment in the Electricity Sector
We study the impact of financial constraints on the investment behavior of electricity generating utilities. The pollution permit allocation rule of the US SO2 regulation introduced variation in internally available funds, in an industry where firms are otherwise very similar. We use this exogeno...
| Autores principales: | , |
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| Formato: | Artículo (Article) |
| Idioma: | Desconocido (Unknown) |
| Publicado: |
Universidad Alberto Hurtado. Facultad de Economía y Negocios
2015
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| Acceso en línea: | http://repositorio.uahurtado.cl/handle/11242/6643 |