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The relative importance of sector and country factors for leasing penetration rates across European industries

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  • Konstantinos Drakos
  • Eleftherios Goulas

Abstract

We investigate the relative importance of sector and country factors in explaining the variation of leasing penetration rates across industries in Europe. According to our results, country effects represent the dominant driving factor for leasing when compared to sector effects. An explanation might be that the country factors overshadow the corresponding sector ones for they capture the depth and development of the leasing sector.

Suggested Citation

  • Konstantinos Drakos & Eleftherios Goulas, 2008. "The relative importance of sector and country factors for leasing penetration rates across European industries," Applied Economics Letters, Taylor & Francis Journals, vol. 15(15), pages 1197-1200.
    • Handle: RePEc:taf:apeclt:v:15:y:2008:i:15:p:1197-1200
    DOI: 10.1080/13504850601007083
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    Cited by:

    1. Llesh Lleshaj & Dorina Kripa, 2021. "The Effect of Financial Leasing Threshold in the Financial Development and Economic Growth: Evidence from Albania," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 165-177.

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