TY  - GEN
T1  - EIB Working Papers 2019/04 - Can survey-based information help to assess investment gaps in the EU? (Volume 2019/4)
A1  - Dejuan, Daniel
A1  - Alves, Pana
A1  - Maurin, Laurent
A2  - European Investment Bank
LA  - eng
PB  - European Investment Bank
YR  - 2021
UL  - https://ebooks.jgu.edu.in/Record/doab-20.500.12854-32953
AB  - Information from surveys can be used alongside macroeconomic indicators to provide a better understanding of the obstacles to investment faced by firms. This study uses merged firm level data from the European Investment Bank Investment Survey (EIBIS) and hard data from firms’ balance sheets and profit and loss information to investigate how well survey results correlate with macro-based hard data. Firms’ perceptions of impediments to investment tend to be related to firms’ specific characteristics: firms that are smaller, more indebted, less profitable or with less liquidity, tend to report more impediments. Nonetheless, after controlling for firm specific characteristics, the investment gaps reported by firms remain correlated with the reported impediments.
SN  - 9789286142345
KW  - Business & Economics
KW  - Finance
KW  - General
KW  - thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
ER  -