adjustment function implies that aggregate investment is relatively unresponsive to aggregate shocks in deep recessions as …

,` usually identified as a low rate of investment in research and development (RD) compared with some high-innovation countries …There is a common perception that low productivity or low growth is due to what can be called an `innovation shortfall …. The usual reaction to this perceived problem is to call for increases in RD investment rates, usually specifying a target …

an experiment based on two-stage games, where R&D investment choices are followed by product market competition. An …

carry out experiments based on two-stage games, where R&D investment choices are followed by product market competition. As …

This paper investigates the relationship between telecommunications infrastructure competition, investment and …, amongst other things, emanated from encouraging infrastructure investment, in their production processes. Thus the analysis … demonstrates that U.K. government policies on telecommunications and its investment incentives may have wide-reaching consequences …

Investment-driven growth has long been regarded as a key development strategy in China. This paper investigates … become a regular force in driving investment since reforms, that non-demand-driven investment growth contributes to … increasing capital-output ratio far more than output growth, that government investment exerts a pivotal role in amplifying …

and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts … rebalance growth towards relying more on consumption and less on exports and investment, banking sector reforms and financial …

channel to investment as a key transmission mechanism for monetary policy. Our analysis sheds light on institutional …