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The micro-economic effects of financial market structure: evidence from 20th century North American steel firms

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  • Keay, Ian
  • Redish, Angela

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  • Keay, Ian & Redish, Angela, 2004. "The micro-economic effects of financial market structure: evidence from 20th century North American steel firms," Explorations in Economic History, Elsevier, vol. 41(4), pages 377-403, October.
  • Handle: RePEc:eee:exehis:v:41:y:2004:i:4:p:377-403
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    1. Baskin,Jonathan Barron & Miranti, Jr,Paul J., 1997. "A History of Corporate Finance," Cambridge Books, Cambridge University Press, number 9780521555142.
    2. Robert E. Carpenter & Bruce C. Petersen, 2002. "Is The Growth Of Small Firms Constrained By Internal Finance?," The Review of Economics and Statistics, MIT Press, vol. 84(2), pages 298-309, May.
    3. Robert G. King & Ross Levine, 1993. "Finance and Growth: Schumpeter Might Be Right," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(3), pages 717-737.
    4. Bordo, Michael D. & Rockoff, Hugh & Redish, Angela, 1996. "A comparison of the stability and efficiency of the Canadian and American banking systems, 1870–19251," Financial History Review, Cambridge University Press, vol. 3(1), pages 49-68, April.
    5. Ross Levine, 1997. "Financial Development and Economic Growth: Views and Agenda," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 688-726, June.
    6. Davis,Lance E. & Gallman,Robert E., 2001. "Evolving Financial Markets and International Capital Flows," Cambridge Books, Cambridge University Press, number 9780521553520.
    7. Brander, James A. & Lewis, Tracy R., 1986. "Oligopoly and Financial Structure: The Limited Liability Effect," American Economic Review, American Economic Association, vol. 76(5), pages 956-970, December.
    8. Kraus, Alan & Litzenberger, Robert H, 1973. "A State-Preference Model of Optimal Financial Leverage," Journal of Finance, American Finance Association, vol. 28(4), pages 911-922, September.
    9. Stewart C. Myers, 2001. "Capital Structure," Journal of Economic Perspectives, American Economic Association, vol. 15(2), pages 81-102, Spring.
    10. Wylie, Peter J., 1989. "Technological Adaptation in Canadian Manufacturing, 1900–1929," The Journal of Economic History, Cambridge University Press, vol. 49(3), pages 569-591, September.
    11. Benjamin M. Friedman, 1982. "The Changing Roles of Debt and Equity in Financing U.S. Capital Formation," NBER Books, National Bureau of Economic Research, Inc, number frie82-1, January.
    12. Lewis T. Evans & Neil C. Quigley, 1990. "Discrimination in Bank Lending Policies: A Test Using Data from the Bank of Nova Scotia 1900-37," Canadian Journal of Economics, Canadian Economics Association, vol. 23(1), pages 210-225, February.
    13. Rousseau, Peter L & Wachtel, Paul, 1998. "Financial Intermediation and Economic Performance: Historical Evidence from Five Industrialized Countries," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 30(4), pages 657-678, November.
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    Cited by:

    1. Keay, Ian, 2010. "The Impact of Commodity Price Volatility on Resource Intensive Economies," Queen's Economics Department Working Papers 274022, Queen's University - Department of Economics.
    2. Michael D. Bordo & Angela Redish & Hugh Rockoff, 2011. "Why didn't Canada have a banking crisis in 2008 (or in 1930, or 1907, or ...)?," NBER Working Papers 17312, National Bureau of Economic Research, Inc.
    3. Mitchener, Kris James & Wheelock, David C., 2013. "Does the structure of banking markets affect economic growth? Evidence from U.S. state banking markets," Explorations in Economic History, Elsevier, vol. 50(2), pages 161-178.
    4. David Greasley & Les Oxley, 2010. "Cliometrics And Time Series Econometrics: Some Theory And Applications," Journal of Economic Surveys, Wiley Blackwell, vol. 24(5), pages 970-1042, December.
    5. Chu, Kam Hon, 2010. "Bank mergers, branch networks and economic growth: Theory and evidence from Canada, 1889-1926," Journal of Macroeconomics, Elsevier, vol. 32(1), pages 265-283, March.
    6. Gillian C. Hamilton & Ian Keay & Frank D. Lewis, 2017. "Contributions to Canadian economic history: The last 30 years," Canadian Journal of Economics, Canadian Economics Association, vol. 50(5), pages 1632-1657, December.
    7. Ma, Yiqun, 2021. "Dynamic spillovers and dependencies between iron ore prices, industry bond yields, and steel prices," Resources Policy, Elsevier, vol. 74(C).

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