An important strand of research in macro-finance investigates which factors impede enterprise investment, and … equilibrium model with heterogeneous firms whose capital investment decisions are distorted by red tape. We find that the …

The investment-intensive growth model of the People’s Republic of China (PRC) is often viewed as state-driven and … ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns … economy-wide data with various breakdown. Significant shifts in investment patterns across sectors and ownership forms have …

it driven by investment and capital accumulation. By 2014, gross capital formation had reached 46 percent of aggregate … expenditures. This paper documents the role of investment in driving economic growth in China, questions how much longer China can … sustain a relatively high investment rate, and examines the arguments that have been offered for an impending drastic …

Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … investment can have a positive effect on growth that goes beyond the effect of the capital stock because of economies of scale … between infrastructure and economic growth. Time-series results reveal a positive impact of infrastructure investment on …

Motivated by the process of economic development in Eastern Germany since the German reunification we set up a dynamic …

macroeconomic development in East Germany since 1991. …

An important strand of research in macro-finance investigates which factors impede enterprise investment, and … equilibrium model with heterogeneous firms whose capital investment decisions are distorted by red tape. We find that the …