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holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and … actual response to shocks is less than half as fast as the estimated response. For investment, labor demand and prices, the …, even after aggregating investment across all establishments in U.S. manufacturing, the estimate of its speed of adjustment …
Persistent link: https://www.econbiz.de/10005558496
The captioned article was earlier published in “Economic Horizons” volume 18, #72 – AH 1418 – 1997 (4) Pages (65-78). I had some concerns about the article regarding the methodology adopted for analysis in deriving the macroeconomic parameters and the derivation and interpretation of...
Persistent link: https://www.econbiz.de/10005561154
This paper addresses the question if there are differences between time patterns in the volatility of investment across … different industrial sectors. A competitive partial-equilibrium model with quadratic adjustment costs in investment and a GARCH … demand shock is developed to predict aggregate investment in a sector. It is shown that under the assumptions made in the …
Persistent link: https://www.econbiz.de/10005561184
El presente documento realiza un análisis del negocio del Gas Natural en Bolivia y de sus posibles impactos en las recaudaciones, exportaciones y el Producto Interno Bruto. Las principales conclusiones sugieren que, el sector de hidrocarburos se perfila como uno de los pilares para el...
Persistent link: https://www.econbiz.de/10005561220
costs firms infrequently carry out discrete investment projects. Therefore, financial variables may influence investment in … two ways. Theoretically, they can alter the frequency at which investment projects are undertaken, or they can influence … finance on investment decisions is substantial. Consequently, finance primarily affects investment frequencies and accordingly …
Persistent link: https://www.econbiz.de/10005561248
instant over time. They accumulate capacity through costly investment, with capital accumulation dynamics being affected by an …
Persistent link: https://www.econbiz.de/10005622409
We analyze the incentives of a telecommunications incumbent to invest and give access to a downstream entrant to a next generation network. We model the industry as a duopoly, where a vertically integrated incumbent and a downstream entrant, that requires access to the incumbent's network,...
Persistent link: https://www.econbiz.de/10005622682
methodology to quarterise gross fixed investment in Pakistan and estimates a quarterly series for the period 1971Q3 to 2006Q2 …. Using the commodity flow approach, total gross fixed investment has been disaggregated into four components, i.e. machinery …
Persistent link: https://www.econbiz.de/10005623295
This study investigates the relationship between export, inflation, investment and economic growth for three ASEAN … also shows that investment have a positive impact on growth for Indonesia, Malaysia and Thailand. …
Persistent link: https://www.econbiz.de/10005623315
-2004 period. Real consumption and investment expenditures, as well as their broadly defined components, are examined. We also test …
Persistent link: https://www.econbiz.de/10005623388