The empirical literature of investment under uncertainty has vastly neglected to account for the role played by market … structure. Recently the theory has however started to merge real options theory with game theory to offer alternative … explanations to strategic investment behaviour. This paper estimates an error correction model of investment under product price …

How does aggregate profit uncertainty influence investment activity at the firm level? We propose a parsimonious … an investment forecasting model interacted with firm-specific coefficients. We find that higher profit uncertainty … large firms are expected to reduce investment much more than medium-sized firms. This highlights significant and substantial …

affiliation of the future governor is a source of political risk to firms considering business investment. More importantly, the …We estimate the effect of electorally induced policy uncertainty on investment in the manufacturing sector. Because …, and because the policies relevant to business investment vary systematically by party, uncertainty over the partisan …

rate of profit and its components - profit share, capacity utilization rate, and capacity-capital ratio - on investment …. Our results show that: (a) the rate of profit has both short and long run positive impacts on investment; (b) the profit … contemporaneous positive impact on investment. …

In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … investment research. For example, not including factor prices in investment models may seriously affect the model outco! mes … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. …

In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … investment research. For example, not including factor prices in investment models may seriously affect the model outcomes … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ …

, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998-2007. First, we find …, the profitability-growth relationship is mediated via investment. Firm's contemporaneous and lagged profitabilities …, and account for 15%-20% of the variance in firms' growth rates. The direct relation between profitability and firm growth …

, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998 - 2007. First, we find …, the profitability-growth relationship is mediated via investment. Firm's contemporaneous and lagged profitabilities …, and account for 15% - 20% of the variance in firms' growth rates. The direct relation between profitability and firm …

, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998-2007. First, we find …, the profitability-growth relationship is mediated via investment. Firm's contemporaneous and lagged profitabilities …, and account for 15%-20% of the variance in firms' growth rates. The direct relation between profitability and firm growth …

investment from retained profits to provide a model of investment with innovation, which is applied to data from Australian …