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IT investment in any sectors, it does significantly improve labor productivity for firms in manufacturing and in …
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and software has steadily enhanced the role of IT investment. Productivity growth in IT-producing industries has risen in … importance and a productivity revival is underway in the rest of the economy. The surge of IT investment in the United States … burst of IT investment in all of the G7 nations – Canada, France, Germany, Italy, Japan, the UK, as well as the U.S. These …
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In this survey, we review research on tax policy and business investment with four objectives. First, we use a simple … prototypical dynamic neoclassical investment model to derive and explain effects of taxation on business investment in the long run … arguments for and against using tax policy to influence the level or timing of investment. While there is a consensus about the …
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We survey recent microeconometric research on investment and employment that has used panel data on individual firms or … theory of the demand for capital and labour, on which most of the econometric models of investment and employment that we … of adjustment, which have played a prominent role especially in the microeconometric literature on investment. With …
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