Avouyi-Dovi, Sanvi; Leroux, Véronique; Nicolaï, Jean-Paul - In: L'Actualité Economique 69 (1993) 2, pp. 41-52
Traditional investment equations do not provide satisfactory results when recent years are included in the estimation period. After reviewing the traditional specifications of investment models, we estimate multi-regime FBCF equations for firms in West Germany, United States, France and Japan....