fixed investment that became excessive and proved to be unsustainable, while the productivity acceleration helps to account … productivity growth linked to the delayed effects of previously invented 'general purpose technologies' stimulated an increase in … reflected the larger share of agriculture and manufacturing in the economy of the 1920s. Failures of public policy in the 1920s …

Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro … positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective. …

reconcile the conflicting primal and dual estimates of productivity growth over the period. …

We develop a model that examines the capital structure and investment decisions of regulated firms in a setting that …

us to reject this view. In fact, a net capital inflow made possible to meet the demand for investment boosting economic …

This Paper documents four basic facts about investment goods and investment prices. First, investment has a very …, and transportation) are much less important for investment than for consumption. Third, the import content of investment …

When new technologies become available, it is not only essential that firms have the correct investment incentives, but … often also that consumers make the proper usage decisions. This paper studies investment and usage in a shared ATM network …. Because all banks coordinate their ATM investment decisions, there is no strategic but only a pure cost-saving incentive to …

the provision of long-term finance. This approach suggests that the separation between the analysis of investment and that …