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Investment in R&D, cost of adjustment and expectations

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Elasticities of Business Investment in the U.S. and Their Policy Implications : A Disaggregate Approach to Modeling and Estimation

Bitros, Georgios (George) C. - 2017

Using data from the U. S. Bureau of Economic Analysis for the period 1947-2015, we estimate investment equations for three types of fixed assets and three policy instruments. In particular, we disaggregate investment into structures, equipment and intangibles, and the policy instruments into the...

Persistent link: https://www.econbiz.de/10012952561