investment in firm-specific cost reduction. They earn negative net profit in early periods, compensated later by strictlypositive …

indication of the importance of barriers to firm growth as opposed to barriers to entry. Transition economies show an even more …-entry growth of successful firms. …

Gibrat's Law does not hold, i.e., the main finding is that firm growth decreases with firm size. However, almost all of these … obtained for a large sample of Dutch firms in the hospitality industry - we examine whether the assumption that growth rates … that growth rates are, in fact, independent of firm size in two business groups, while Gibrat's Law is rejected for the …

In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … investment research. For example, not including factor prices in investment models may seriously affect the model outco! mes … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. …

investment in a public capital stock, and the inter-temporal consumption of a reproductive asset. …

This paper investigates infrastructure investment in markets where regulation is subject to varying degrees of … on investment we construct a multi-period game between a service provider, consumers with voting rights and elected …. Before an election the service provider chooses whether to increase its capacity. Investment is irreversible and profitable …

We investigate the manifold posed question: To what extent does investment in human and social capital, besides the …