firm's investment is comparatively more sensitive to cash flow, but this sensitivity is negatively and significantly … related with corporate efficiency. These results point to the fact that high investment sensitivity to cash flow may not be … solely driven by measurement error in investment opportunity, but may still be interpreted as a consequence of imperfect …

In this paper, we investigate the effect of real estate prices on productive investment. We build a simple theoretical … framework of firms' investment with credit rationing and real estate collateral. We show that real estate prices affect firms … identification of the second channel allows for heterogeneous effects of real estate prices on investment across firms. We test our …

loans on production and investment decisions, input use, and yields. Using a multiple treatment methodology, it explores the … important as lack of funding for new investment in capital for rural producers in Mexico. Producers benefit from easing their …

easing entrepreneurial investments for credit-constrained individuals whose investment possibilities depend on their income …

. Most firms revise downward their expectations for sales, orders, employment, and investment, while prices are expected to …

of the minimum wage on human capital investment rates and no overall effects on fixed capital investment rates. When …

-country and cross-sector analyses, and use alternative estimation models. The empirical results reveal some important implications …

that this will lead to a dynamic factor model with the dominant unit acting as the factor. The problems of estimation and … documented by Monte Carlo experiments. An empirical application to modelling of real GDP growth and investment-output ratios … dominant effects are found. The results also suggest that increase in investment as a share of GDP predict higher growth rate …