Wagner, Joachim - In: Schmollers Jahrbuch : Journal of Applied Social Science … 125 (2005) 4, pp. 475-488
This paper uses panel data for manufacturing firms from Lower Saxony to shed light on the micro-structure of investment … two years only. However, the largest part of change in investment from year to year is due to firms which increase or … decrease investment. Even in periods of pronounced increase (decrease) of investment in manufacturing as a whole there are many …