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realizations. We show that the forecasts significantly affect farmer investment decisions and that these responses account for a … the main instrument, that the return to agricultural investment depends substantially on the conditions under which it is …-invest, by a factor of three, when we compare actual levels of investments to the optimal investment level that maximizes …
Persistent link: https://www.econbiz.de/10010369064
which do not have the best investment opportunities in future production stages.In contrast to the existing literature we …
Persistent link: https://www.econbiz.de/10011608838
material to the economy's investment prospects and whether the importance of this channel differs depending on the structure of … corporate financing i.e., bank-based or market-oriented financing structures. Based on a dynamic business investment error … financial position of non-financial corporations has a statistically significant impact on aggregate business investment growth …
Persistent link: https://www.econbiz.de/10010280010
We argue that positive comovements between land prices and business investment are a driving force behind the broad … joint dynamics of land prices and business investment. …
Persistent link: https://www.econbiz.de/10010292308
guarantee existence. When investment adjustment costs are introduced, the monetary and fiscal policy dichotomy is in principle …
Persistent link: https://www.econbiz.de/10010293451
using an empirical example of UK investment data. …
Persistent link: https://www.econbiz.de/10010293709
The user cost elasticity is a parameter of considerable importance in economics, with implications for the effects of budget deficits, tax-based savings incentives, monetary policy, corporate taxes, and tariffs and quotas on capital goods. This paper analyzes the econometric issues that account...
Persistent link: https://www.econbiz.de/10010293745
behavior. In particular, we ask whether and how strongly investment decisions of firms respond to stringency in environmental … estimate the differential impact of environmental stringency on four types of investment: gross investment in tangible goods …, in new buildings, in machinery, and in `productive' investment (investment in tangible goods minus investment in …
Persistent link: https://www.econbiz.de/10010294840
The link between investment and finance usually enters the empirical literature in the form of financial constraints … credit market. In this context, the sensitivity of investment with respect to single internal or external finance indicators … resulting empirical investment function includes the probability of survival as an additional explanatory variable. This …
Persistent link: https://www.econbiz.de/10010295432
?s Investment Tests (IT) during the years 1988-1998, we create a panel with information on investment, innovation activity and … financing conditions. Financial constraints affect the distribution of investment over time in a fundamental way. Following a … on Schworm?s (1980) model of optimal investment under financial constraints, we use it to test the empirical content of …
Persistent link: https://www.econbiz.de/10010295647