211
Views
0
CrossRef citations to date
0
Altmetric
Original Articles

Economies of scale in the demand for money by firms in China

, , &

References

  • Baker, M., Stein, J. C. and Wurgler, J. (2003) When does the market matter? Stock prices and the investment of equity-dependent firms, The Quarterly Journal of Economics, 118, 969–1005. doi:10.1162/00335530360698478
  • Bover, O. and Watson, N. (2005) Are there economies of scale in the demand for money by firms? Some panel data estimates, Journal of Monetary Economics, 52, 1569–89. doi:10.1016/j.jmoneco.2004.10.010
  • Diamond, D. W. (1991) Monitoring and reputation: the choice between bank loans and directly placed debt, Journal of Political Economy, 99, 689–721. doi:10.1086/261775
  • Hansen, B. E. (1999) Threshold effects in non-dynamic panels: estimation, testing, and inference, Journal of Econometrics, 93, 345–68. doi:10.1016/S0304-4076(99)00025-1
  • Liu, J.-T., Tsou, M.-W. and Wang, P. (2008) Differential cash constraints, financial leverage and the demand for money: evidence from a complete panel of Taiwanese firms, Journal of Macroeconomics, 30, 523–42. doi:10.1016/j.jmacro.2007.01.002
  • Lotti, F. and Marcucci, J. (2007) Revisiting the empirical evidence on firms’ money demand, Journal of Economics and Business, 59, 51–73. doi:10.1016/j.jeconbus.2005.12.003
  • McKinnon, R. I. (1993) The Order of Economic Liberalization: financial Control in the Transition to a Market Economy, Johns Hopkins University Press, Washington, DC.
  • Mulligan, C. B. (1997) Scale economies, the value of time, and the demand for money: longitudinal evidence from firms, Journal of Political Economy, 105, 1061–79. doi:10.1086/262105
  • Natke, P. A. and Falls, G. A. (2010) Economies of scale and the demand for money, Small Business Economics, 35, 283–98. doi:10.1007/s11187-008-9161-7

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.