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A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA)
Barradas, R. & Lagoa, S. (2017). Financialization and Portuguese real investment: a supportive or disruptive relationship?. Journal of Post Keynesian Economics. 40 (3), 413-439
Exportar Referência (IEEE)
R. P. Barradas and S. M. Lagoa,  "Financialization and Portuguese real investment: a supportive or disruptive relationship?", in Journal of Post Keynesian Economics, vol. 40, no. 3, pp. 413-439, 2017
Exportar BibTeX
@article{barradas2017_1765845431063,
	author = "Barradas, R. and Lagoa, S.",
	title = "Financialization and Portuguese real investment: a supportive or disruptive relationship?",
	journal = "Journal of Post Keynesian Economics",
	year = "2017",
	volume = "40",
	number = "3",
	doi = "10.1080/01603477.2017.1286940",
	pages = "413-439",
	url = "http://www.tandfonline.com/doi/full/10.1080/01603477.2017.1286940"
}
Exportar RIS
TY  - JOUR
TI  - Financialization and Portuguese real investment: a supportive or disruptive relationship?
T2  - Journal of Post Keynesian Economics
VL  - 40
IS  - 3
AU  - Barradas, R.
AU  - Lagoa, S.
PY  - 2017
SP  - 413-439
SN  - 0160-3477
DO  - 10.1080/01603477.2017.1286940
UR  - http://www.tandfonline.com/doi/full/10.1080/01603477.2017.1286940
AB  - The article makes an empirical analysis of the relationship between financialization and real investment by Portuguese nonfinancial corporations from 1979 to 2013. In theory, while financialization leads to a rise in financial investments by nonfinancial corporations and thus deviates funds from real investment, it also intensifies the pressure for financial payments and therefore restricts the funds available for real investment. We estimate an aggregate investment function including control variables (profitability, debt, cost of capital and output growth) and two measures of financialization (financial receipts and financial payments). The study concludes that there is a long-term investment equation, and finds evidence that the process of financialization has hampered real investment largely as a result of financial payments. The article also finds that profitability and debt are both detrimental to real investment.
ER  -