on cash flow on investment from 1990 to 1999. We compare several specifications of neo-classical demand for capital …Using a large panel of 6,946 French manufacturing firms, this paper investigates the effect of the cost of capital and …, taking into account transitory dynamics. The user cost of capital has a significant negative elasticity with respect to …

sector to study the impact of investment subsidies on equilibrium investment and output. Energy and capital are assumed to be …We develop a general equilibrium vintage capital model with energy-saving technological progress and an explicit energy … complementary in the production process. New machines are less energy consuming and scrapping is endogenous. Two polar market …

This note further characterizes the tacit collusion equilibria in the investment timing game of Boyer, Lasserre and …

re-launch public investment in transport infrastructures and abolished the 1st January 2001. The succession of investment … funds underlines the persistent need for an everlasting transport investment financing.The main objective of successive … French governments is an everlasting (or “sustainable”) transport investment financing with the concern of opening up less …

restructuring crowds-in consumption and investment and raises employment. While tax multipliers for overall output are always …

investment level which defines the technology of production used. We show that, in general, to implement a non-linear pricing the … monopoly choice a level of investment, which depends of the type of consumer and, also, that the level of investment for each … type is correlated with the recovery degree of the investment. …

model. We find that i) government spending increases output and induces a simultaneous decline of investment and the current … account, but does not affect consumption; ii) the responses of output and investment are smaller in more open economies, while … simultaneous decline in investment and the current account. …

responsive, investment is crowded out, the drop in savings drives the current account into deficit and government spending …

The evolution of firms' investment behavior is interpreted by heterodox theories as the resultant of the …

investment expenditure is crowded-out by public spending in the short-run. In this contribution, we address this empirical fact … accommodating the observed negative relationship between investment and government expenditure. Our numerical experiments point out … fiscal expansion crowds-out real consumption by a smaller amount and investment by a larger one, while the current account …