Showing 1 - 10 of 1,665
Persistent link: https://www.econbiz.de/10011385070
The theory of welfare accounting shows that comprehensive measures of net investment can be used to test whether an … economy is following unsustainable paths of consumption. However, the notion of net investment used in most applied studies … expression of net investment derived from a dynamic growth model featuring international trade in different types of resource …
Persistent link: https://www.econbiz.de/10011753208
assessing the operating climate for doing business. By comparative benchmarking, this paper examines these determinants in six …. This paper argues that the regular monitoring of relevant indicators and comparative benchmarking can (i) provide important …
Persistent link: https://www.econbiz.de/10010507479
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