In the 1980s, U.S. real investment in high technology equipment has grown rapidly while other components of business … fixed investment have been weak. The surge in real high technology investment has been accompanied by a very sharp decline … investment was extended to cover the period through 1988, the equation for nonresidential structures performed much as before …

This paper examines the behavior of business fixed investment in the United States in the 1980s. A background … discussion of the long-term behavior of the components of business fixed investment is provided, setting the context for the … empirical analysis. A standard neoclassical model of business fixed investment is specified and estimated, with output and the …

with an access to the world capital market. The paper examines the efficiency of quantity restrictions on capital exports …

This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over …

optimizing model in which the process of capital accumulation entails adjustment costs. The analysis demonstrates that along an … results from the requirement that non-traded inputs are used in the investment process. In the short-run, though, the effects …