Beard, T. Randolph; Ford, George; Kim, Hyeongwoo - Department of Economics, Auburn University - 2013
Estimation of the employment effects of changes in capital investment is a standard tool in public policy debates …. Typically, such predictions are based on employment multipliers derived from Input-Output analysis. In this paper, we measure … the employment effects of changes in capital investment in the U.S. information sector by econometrically estimating an …