An important feature of business cycles refers to the different behavior of capital goods prices compared to consumer goods prices. During economic expansion, the growing number of investment projects increases the prices of capital goods in a faster pace compared to the increase of consumer...

Given that the economic rebound recorded in 2004 did not carry on in 2005, the performance of industrial firms levelled off; nevertheless, cash flows were under control and balance sheets remained healthy.

This paper provides an explanation for the secular increase in the price of services relative to that of manufactured goods that relies on capital accumulation rather than on an exogenous total factor productivity growth differential. The key assumptions of the two-sector, intertemporal...

An important feature of business cycles refers to the different behavior of capital goods prices compared to consumer goods prices. During economic expansion, the growing number of investment projects increases the prices of capital goods in a faster pace compared to the increase of consumer...

This study aims at analysing effects of intermediate goods, capital goods and consumer goods on both import and export, and at determining the subsector led to deficits of balance of payments. To achieve this, various statistical techniques have been applied. To carry out the present study, data...

Supports the macro-level analysis with a survey of 46 metal- engineering and 16 secondary petrochemical enterprises.

ILO pub-WEP pub. Working paper on the historical development of the capital goods machinery industry in China - covers the period from 1930s to 1950s describing development from repair shops and maintenance in foreign owned shops to machinery manufacturing using intermediate technology;...