rate of profit and its components - profit share, capacity utilization rate, and capacity-capital ratio - on investment …. Our results show that: (a) the rate of profit has both short and long run positive impacts on investment; (b) the profit … contemporaneous positive impact on investment. …

Does it matter for domestic investment whether a country's financial system is bank based or stock-market based? This … paper posits that financial intermediation affects domestic investment notably by alleviating financing constraints …, allowing firms to increase investment in response to increased demand for output. The key result is that the structure of the …

This study explores the determinants of investment using both aggregated industry-level data and disaggretated data on … government has potentially powerful means at its disposal to stimulate private investment. In particular, a domestic demand … stimulus and public investment expansion will produce large gains in private investment. While the direct effects of lowering …

Existing empirical studies have focused on determinants of investment. We focus instead on episodes of accelerated … analysis to explore their characteristics. Turning points in investment tend to be preceded by undervalued real exchange rates … capital index. Investment surges appear to be associated with accelerated structural change in the economy. …