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Land Prices and Business Fixed Investments in Japan
Kiyotaki, Nobuhiro; West, Kenneth D. - 2021
Japan has seen episodes in which boom and bust in land prices is accompanied by boom and bust in business fixed … investment. We develop a model that includes land in the production function. We show that in this model movements in land prices … between land and capital is greater than one. We then estimate an aggregate investment function. Consistent with an elasticity …
Persistent link: https://www.econbiz.de/10013231865
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Land Prices and Business Fixed Investments in Japan
Kiyotaki, Nobuhiro - 2004
Japan has seen episodes in which boom and bust in land prices is accompanied by boom and bust in business fixed … investment. We develop a model that includes land in the production function. We show that in this model movements in land prices … between land and capital is greater than one. We then estimate an aggregate investment function. Consistent with an elasticity …
Persistent link: https://www.econbiz.de/10012467778
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Pricing of agricultural capital input in Pakistan : an analysis of bound testing approach
Ali, Hina; Tahir, Hira - In: Review of economics and development studies 3 (2017) 2, pp. 101-110
Persistent link: https://www.econbiz.de/10011941171
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Borrowing constraints and role of land asset in Japanese corporate investment decision
Ogawa, Kazuo (contributor) - 1994
Persistent link: https://www.econbiz.de/10000887068
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Investment spending and supply-side problems in Japan : some evidence
Perugini, Francesco - In: Quarterly economic bulletin 25 (2004) 4, pp. 20-28
Persistent link: https://www.econbiz.de/10002519858
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La politique économique face à la stagnation de l'économie
Yoshikawa, Hiroshi - In: International economics : a journal published by CEPII … (2000) 4, pp. 13-34
Persistent link: https://www.econbiz.de/10001657837
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Borrowing constraints and the role of land asset in Japanese corporate investment decision
Ogawa, Kazuo (contributor) - In: Journal of the Japanese and international economies : … 10 (1996) 2, pp. 122-149
Persistent link: https://www.econbiz.de/10001203446
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Land value and corporate investment : evidence from Japanese panel data
Ogawa, Kazuo - In: Journal of the Japanese and international economies : … 12 (1998) 3, pp. 232-249
Persistent link: https://www.econbiz.de/10001252503
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Land value and corporate investment : evidence from Japanese panel data
Ogawa, Kazuo; Suzuki, Kazuyuki - 1996
Persistent link: https://www.econbiz.de/10000940681
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Land value and corporate investment : evidence from Japanese panel data
Ogawa, Kazuo; Suzuki, Kazuyuki - 1995
Persistent link: https://www.econbiz.de/10000913248