Investment, Growth and Employment

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Adjustment Cost Function
Adjustment Cost Parameter
capital
capital formation analysis
Category=KCB
CBI Survey
Cointegration Tests
Cointegration Vector
corporate finance constraints
Dummy Variables
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Equilibrium Unemployment Rate
Euler Equation
factor
foreign direct investment effects
Gdp Growth
Gdp UK
Hurdle Rates
Investment Cash Flow Sensitivities
Investment Equation
Investment Output Ratios
investment policy impact assessment
Investment Uncertainty Relationship
macroeconomic modelling
marginal
Marginal Revenue Product
Negative Relationship
OECD Main Economic Indicator
output
prices
product
Public Infrastructure
ratio
relative
Relative Factor Prices
Retained Earnings
revenue
risk and uncertainty economics
stock
technology adoption drivers
UK Economy
UK Investment
UK Manufacturing
UK Manufacturing Sector

Product details

  • ISBN 9780415197793
  • Weight: 839g
  • Dimensions: 152 x 229mm
  • Publication Date: 16 Sep 1999
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Investment - in both facilities and know-how - is essential for growth. Economists try to understand the forces that determine investment, but investment behaviour is unruly; often the term animal spirits is used to explain the resulting volatility. This volume presents studies to explain international investment behaviour and assess its impact on growth and jobs. The authors also examine policy measures to reverse the climate of low investment that has characterised recent decades. The contributors examine how well standard models of investment work, the role of finance constraints, the effect of risk and uncertainty, the impact of alternative forms of corporate governance, the forces shaping the adoption of new technology, the impact of foreign direct investment, the effect of investment on the NAIRU and the causal structure of investment and growth. Editors introductions to the different sections of the book provide comprehensive overviews of the main theories of investment, the impact of investment on growth and employment and examine the main questions raised for policy makers.