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by modifying the investment modelling within the dynamic CGE setting. The standard formulation of installation costs for … capital is extended through the inclusion of adjustment costs that depend on the change of the investment level. Such … formulation of the adjustment costs within the dynamic CGE model leads to an investment behaviour that mirrors the empirical data …
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At first glance, the governance of foreign direct investment (FDI) is a graveyard for multilateral cooperation …. Describing or analysing a “global investment regime” has long seemed more fantasy than reality. Keohane and Ooms observed in 1975 … that: “Writing about alternative international regimes to deal with direct foreign investment may seem to be somewhat like …
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easing entrepreneurial investments for credit-constrained individuals whose investment possibilities depend on their income …
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investment in organization capital in the steady state and the dynamics of organization capital during the transition following a … major reform. We find that, in the steady state, aggregate net investment in organization capital is roughly one-fifth of … aggregate productivity stagnate, physical investment falls, and net investment in organization capital rises between 300 and 500 …
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This paper suggests a method of approximating the development of investment in transition economies through an … amendment of the standard adjustment cost formulation for investment within dynamic Computable General Equilibrium (CGE) models …. Letting adjustment cost depend on the difference between the investment levels of two periods (rather than only on the gross …
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has the opportunity to make a reorganisational investment, before output is produced. This investment is unobservable by …
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