Ees, Hans van; Kuper, Gerard H.; Elmer Sterken - SOM Research Institute, Faculteit Economie en Bedrijfskunde - 1995
In this paper we analyse the impact of profits on investment using data of the Dutch manufacturing sector in a simple Kaleckian investment model. Profits and capacity determine the level of investment. The empirical analysis with this "non-mainstream" model confirms conclusions drawn in the...