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): Financial Policy and Capital Structure Choice in U.K. SMEs: Empirical Evidence from Company Panel Data . Small Business Economics , 12 ( 2 ): 113 – 130 . Minetti , R. – Zhu , S. C

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3–4 285 291 . Wooldridge , J. M. and Semykina , A. ( 2005 ): Estimating panel data models in the presence of endogeneity and selection: Theory and application

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Mello , L. R. ( 1999 ): Foreign Direct Investment-Led Growth: Evidence from Time Series and Panel Data . Oxford Economic Papers 51 ( 1 ): 133 – 151 . Earle , J. S

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. Brookings Papers on Economic Activity , 1 : 107 – 182 . Blundell , R. W. – Bond , S. R. ( 1998 ): Initial Conditions and Moment Restrictions in Dynamic Panel Data Models . Journal

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on corporate and personal income affect economic growth in 25 rich OECD countries using panel data for the period 1975–2010, and found that both taxation of corporate and personal income negatively influence economic growth. The empirical analyses of

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22 27 Van de Stadt, H. — Kapteyn, A. — Van de Geer, S. (1985): The Relativity of Utility: Evidence from Panel Data. Review of Economics and Statistics , 67: 7

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53 59 Michaelas, N. — Chittenden, F. — Poutziouris, P. (1999): Financial Policy and Capital Structure Choice in UK SMEs: Empirical Evidence from Company Panel Data. Small

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, M. — Roper, S. (2008): Openness and Innovation: Home and Export Demand Effects on Manufacturing Innovation: Panel Data Evidence for Ireland and Switzerland. KOF Working Papers , No. 210. Available at (13/01/2013): http

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, H. L. F. — Nahuis, R. (2003): Fertile Soil for Structural Funds? A Panel Data Analysis of the Conditional Effectiveness of European Cohesion Policy. Utrecht School of Economics, Tjalling C. Koopmans Research Institute, Discussion Paper Series

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): The quality of American life: perceptions, evaluations, and satisfactions. Russell Sage Foundation, New York. Clark, A. (2003): Unemployment as a social norm: psychological evidence from panel data. Journal of Labor

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