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Profitability and investment : evidence from India's organized manufacturing sector

Basu, Deepankar; Das, Debarshi - 2015 - This version: August 30, 2015

rate of profit and its components - profit share, capacity utilization rate, and capacity-capital ratio - on investment …. Our results show that: (a) the rate of profit has both short and long run positive impacts on investment; (b) the profit … contemporaneous positive impact on investment. …

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