On the real effects of private equity investment: evidence from new ...

Table 1Summary statistics: EVCA data on private equity investmentCountryTotal PE investmentover GDP, in %Total PE investmentover GDP, in %Austria 0.027 0.079Belgium 0.119 0.084Czech Republic 0.042 0.023Denmark 0.029 0.353Finland 0.111 0.149France 0.117 0.375Germany 0.081 0.145Greece 0.027 0.004Hungary 0.052 0.086Italy 0.082 0.131Netherlands 0.271 0.403Norway 0.112 0.164Poland 0.093 0.064Spain 0.062 0.265Sweden 0.200 0.820UK 0.465 1.215The data are averaged for the period 1998-99 (columns 2) and for 2006-2007 (column 3), and areaggregated over industries. The respective values include all private equity investment in the respectiveEuropean country by European banks and private equity houses, as well as from international banksand private equity houses which have a European branch or partner. Source: EVCA yearbooks.ECBWorking Paper Series No 1078August 200937