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This article investigates dairy farm investment behaviour and the presence of soft budget constraints in the dairy … accountancy panel data for the years 2007–2015. The empirical results confirm that gross dairy farm investment is positively … associated with gross dairy farm investment for the previous year for financially unconstrained dairy farms, and negatively for …
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We present new investment data and revised growth accounts for three socialist economies between 1950 and 1989 … input, or estimated capital stock from official investment data. Investment levels and rates of capital accumulations were …, declining equipment investment and labor input, contributed much more to the socialist growth failure of the 1980s than …
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The paper discusses the relations between fiscal policy, savings, capital formation and growth in transition economies. In the 1990s they have suffered significant recession and persistent imbalances. Fiscal policies were aiming mainly at the structural adjustment, liberalization and...
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Investition notwendige Informationen nur unvollständig zu bekommen sind. Im umfangreichen Anhang befinden sich …
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