We construct company panel datasets for manufacturing firms in Belgium, France, Germany and the UK, covering the period … 1978-89. These datasets are used to estimate a range of empirical investment equations, and to investigate the role played … the suggestion that financial constraints on investment may be relatively severe in the more market-oriented UK financial …

Over the past century the long-run growth of six economies shows a strong association between investment in machinery … and economic growth that holds both within and across nations and periods. A similar strong association holds for the post-world …, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a …

This paper presents five theoretical openness-and-growth links that can account for trade-induced investment-led growth … imperfect competition and scale economies. This sort of old-growth-theory-in-a-new-trade-model has not been thoroughly explored …, cross-country data suggests that openness influences growth only via its effect on investment, and suggests that openness …

novel theoretical model that establishes a link between trade liberalization and investment-led growth. Estimating equations … domestic protection depresses investment and thereby slows growth. Foreign trade barriers also lower domestic investment, but … the anti-investment effect is weaker and is less robust to sample and specification changes …

measures of liquidity on the investment decisions of U. K. firms. These variables are introduced via an extension of the Q … model of investment which explicitly includes agency/financial distress costs. We discuss if the significance of cash flow …

formal quantitative analysis. We begin with studies of the Dutch Republic, England, the U.S., France, Germany and Japan that …