neoclassical growth model. Investment rates and total factor productivity start out low and rise over time. These model dynamics …

investment and firm performance. We find that firm size and moderate competition is associated with higher intangible investment …, while firm age is associated with lower intangible investment. Examining firm performance, we find that higher investment is … not with higher productivity or profitability. The evidence suggests that intangible investment is associated with growth …

to US data. In the context of this model we argue that differences in the allocation of resources across heterogeneous …

This paper explores cost-effective low-carbon R&D and capital investment portfolios for the electricity generation …

west Germany. Excessively high wages coupled with investment incentives that made the cost of capital negative rank high …A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real … incomes in the east have now reached the western level, and investment per capita has been much higher than in the west …

The ifo Investment Survey asks firms in the German manufacturing sector about the importance of sales, technological … factors, finance, return expectations, and macroeconomic policy for their investment activity in a given year. We show that … these subjective investment determinants 1) capture economically what their labels suggest, and 2) have strong explanatory …

Over the past century the long-run growth of six economies shows a strong association between investment in machinery …, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a …