competition on firms' investment timing decisions. With a model featuring business-cycle variations in both the profit level and … "subtract" values of the investment option or the invested capital, leading to more cyclical investment than that predicted by … subtrated values, making the investment typically more cyclical in the monopolized industry than in the competitive industry …

We study the implications of product market competition and investment for price setting, wage bargaining and thereby …

unforeseen expenditure needs, and because investors want to speculate on future investment opportunities. Without further …. Specifically, if the arrival of profitable future investment opportunities is sufficiently likely, such co-existence implies …

countries. Will these developments improve economic performance in terms of creating jobs, fostering investment, and encouraging …

This paper examines the interplay between globalization, product market competition, and corporate investment. We find … that imports and foreign direct investment adversely affect domestic firms' market power, but the effect of imports is more … power is stronger. Internal funds and market power show a complementary effect on corporate investment. Also, the …

consequence of sustained low multi-factor productivity growth within industries, as well as weak investment. Economic geography is …, removing barriers to fixed capital investment (including taxation), accessing benefits from agglomeration by improving urban … planning and infrastructure provision, enhancing competition and increasing investment in innovation and intangibles. This …