Dreger, Christian; Brautzsch, Hans-Ulrich - In: Journal of Economics and Statistics (Jahrbuecher fuer … 219 (1999) 3+4, pp. 284-297
This paper examines the development of investments in equipment and construction in Germany using quarterly non-seasonal adjusted data from 1968 to 1989. The empirical analysis is based on cointegration techniques using the multivariate error correction approach. The model contains firm...