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IT and Beyond: The Contribution of Heterogenous Capital to Productivity

Wilson, Daniel - Census Bureau, Department of Commerce - 2004

This paper explores the relationship between capital composition and productivity using a unique and remarkably detailed data set on firm-level, asset-specific investment in the U.S. Using cross-sectional and longitudinal regressions, I find that among all types of capital, only computers,...

Persistent link: https://www.econbiz.de/10005058771

Investment Behavior of U.S. Firms Over Heterogenous Capital Goods: A Snapshot

Wilson, Daniel - Census Bureau, Department of Commerce - 2004

Recent research has indicated that investment in certain capital types, such as computers, has fostered accelerated productivity growth and enabled a fundamental reorganization of the workplace. However, remarkably little is known about the composition of investment at the micro level. This...

Persistent link: https://www.econbiz.de/10005058793

The Determinants of Corporate Growth

Rosique, Francisco - Volkswirtschaftliche Fakultät, … - 2010

Corporate Growth is a concept that has been widely treated in a specific way or as part of strategy theories, in definition and in econometric models and has also been studied in many different aspects and approaches. The author describes in depth the main variables affecting corporate growth...

Persistent link: https://www.econbiz.de/10008490086

The separation of ownership and control and investment decisions in Mexican manufacturing firms

Ruiz-Porras, Antonio; Lopez-Mateo, Celina - Volkswirtschaftliche Fakultät, … - 2010

We study how the ownership and control structures may explain investment decisions of Mexican manufacturing firms. We … claim that agency costs, as a measure of the separation of management and control, and firms` size can explain investment … decisions. Furthermore the estimations support the necessity to include investment opportunities and cash flow as control …

Persistent link: https://www.econbiz.de/10008646768

Industry Concentration in South African Manufacturing Industry: Trends and Consequences, 1972-96

Fedderke, Johannes; Szalontai, Gabor - Economic Research Southern Africa (ERSA) - 2005

This paper examines industry concentration for the South African manufacturing sector over the 1972-1996 period, for the three digit industry classification. The paper notes both the high level of industry concentration in South African manufacturing, and a rising trend in concentration across a...

Persistent link: https://www.econbiz.de/10008594456

The Investment Acceleration Principle Revisited by Means of a Neural Net

Fioretti, Guido - EconWPA - 2002

The investment acceleration principle is a heuristic for modeling investment time series out of consumption time series. The model presented herein develops a disaggregated accelerator equation whose coefficients are the weights of a Kohonen neural net that represents firms' decision-making....

Persistent link: https://www.econbiz.de/10005413002

Recognizing Investment Opportunities at the Onset of Recoveries

Fioretti, Guido - EconWPA - 2002

Investment decision-making is modeled by means of a Kohonen neural net, where neurons represent firms. This is done in order to model investments in novel fields of economic activity, that according to this model are carried out when firms recognize the emergence of a new technological pattern....

Persistent link: https://www.econbiz.de/10005076670

Recognizing Investment Opportunities at the Onset of Recoveries

Fioretti, Guido - Society for Computational Economics - SCE

Investment decision-making is modeled by means of a Kohonen neural net, whose neurons represent firms as decision-makers. Thus, the network reconstructs collective decision-making by the productive system. This model focuses on the decision to invest in novel fields of activity, which requires...

Persistent link: https://www.econbiz.de/10005706831

Long-term effects of population growth on aggregate investment dynamics: selected country evidence for Africa

Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2011

and birth control policies could also be considered in countries with little future investment avenues. Originality …

Persistent link: https://www.econbiz.de/10010862104

Industry Specific Effects in Investment Performance and Valuation of Firms - Marginal q in a Stock Market Bubble

Bjuggren, Per-Olof; Wiberg, Daniel - Centre of Excellence for Science and Innovation … - 2005

A necessary criterion for a performance measure in corporate governance is the degree to which it mirrors how well the management succeeds in maximizing firm value. Such a performance measure is marginal q which links changes in firm value to the investments decided by the management. Empirical...

Persistent link: https://www.econbiz.de/10005644963