Equipment Investment and Economic Growth: How Unique Is the Nexus?

Recent empirical research has suggested that there is a robust causal relationship running from equipment investment to economic groth. The stutus of this association as a "stylised fact" is examined. The data indicate that other forms of investment also have strong associations with economic growth, and reveal complex feedback mechanisms between different forms of investment and economic growth, and between equipment and non-equipment investment.

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Year of publication:	1995
Authors:	Wood, A.
Institutions:	Economics Group, Business School
Subject:	ECONOMIC GROWTH \| INVESTMENTS

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Series:	University of Hertfordshire - Business Schoool.
Type of publication:	Book / Working Paper
Notes:	17 pages
Classification:	E20 - Consumption, Saving, Production, Employment, and Investment. General ; N10 - Macroeconomics and Monetary Economics; Growth and Fluctuations. General, International, or Comparative ; O40 - Economic Growth and Aggregate Productivity. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005777141