We provide evidence of an inherent trade-off between access regulation and investment incentives in telecommunications … accommodates: different investment incentives for incumbents and entrants; a strategic interaction of entrants’ and incumbents … investment. Thus promoting market entry by means of regulated access undermines incentives to invest in facilities …

Low aggregate investment in Finland has been argued to merely reflect structural change to an innovation economy, with … high R&D levels adequately compensating for reduced physical investment. This paper briefly reviews the issues and … discusses the severity and persistence of the shortage. Immaterialization of investment clearly plays a role and outward FDI …

The investment procedure prescribes the stages and tests through which all investment projects must pass before being … paper, we intend to understand how investment procedures enable grand ideals regarding investment to be institutionalised … effect during the process of institutionalisation, through which grand investment ideals (e.g. competitiveness, value …

This paper analyses the role of infrastructure endowment and investment in the genesis of regional growth in the … endowment on regional economic performance, but also the weak contribution of additional investment. Regions having good …, investment in infrastructure within a region or in neighbouring regions seems to leave especially peripheral regions more …

stake can reduce investment in family firms, by reducing the future income they can pledge to external financiers. Using a …-2006 interval, we find that stricter inheritance law is associated with lower investment in family firms, while it leaves investment … unaffected in non-family firms. Moreover, as predicted by the model, inheritance law affects investment only in family firms that …

variables: investment in physical capital, human capital and institutions. The analysis pays special attention to the process of …

The paper studies the impact of market integration on investment incentives in non-competitive industries. It … distinguishes between investment in transportation and production cost-reducing technologies. Each domestic firm is controlled by a … investment in cost-reducing technology compared to autarky. This is in contrast with the systematic underinvestment problem …

A farm’s physical investment is affected by its fundamental q and by its financial situation, with the later comprising … government payments, depreciation, and inflation on crop farm machinery and equipment investment behavior employing the Nonlinear … Generalized Method of Moment (GMM) estimator to estimate the investment system. The magnitude of the lagged cash flows such as …