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engage in quality investments more if the ex ante quality level of the high quality product is large enough; otherwise, only … competitive firms diminishes the incentive of the mid-quality firm to engage in quality investments. …
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the trend of mean investments depended on whether a communication network was connected or not and on how fast all …
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We analyse empirically the effect of uncertainty on fixed investment by estimating an accelerator-type investment function based on a panel data set of the Hapanese manufacturing firms. The uncertainty measure, represented by the conditional standard deviation of the sales ghrowth rate, is...
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