Recent developments in investment research have highlighted the importance of non-convexities and irreversibilities in … and structures and construct measures of fundamental Q to capture investment opportunities associated with each asset. To … uncover the pattern of dynamic adjustment we use non-parametric techniques to relate each individual investment to own …

the impact of concession length and investment timing flexibility on the "concession value." It is generally argued that …. Moreover, the real option theory suggests that investment flexibility has an intrinsic value, as it allows concessionaires to … investment timing flexibility, should always result in higher concession values. Our result suggests that this is not always the …

US firms of about 2% of total assets from long-investment duration industries to short-investment duration industries. I …-flow duration. Exploiting plausibly exogenous variations in US government debt maturity, which generate changes in the term … structure of interest rates, I show that lower long-term rates result in an increase in investment by firms in industries …

performance, in particular when the innovative effort is continuous. This paper aims to further the analysis on the duration of R …&D investment at the firm level. The contribution of this study is threefold: first, we extend Máñez et al. [2014], Triguero et al … view of R&D duration within the European countries. Secondly, from a methodological point of view, we employ both discrete …

ownership and capital demand adjustment in host countries. The author estimates a dynamic structural model of investment on a …

-equation model in which firms make interdependent decisions in financing, investment, and distribution, under the constraint that … and debt for R&D financing. R&D and physical capital investment are likely to be complementary for mature, but not for …

The paper analyzes investment behavior of industrial enterprises in the period immediately following price and foreign … microeconomic decisions. A dynamic investment function with symmetric adjustment cost function based on the Euler equation has been … estimated. The derived and estimated investment function accounts for export sales in order to determine whether firms evaluate …