Investment of French firms remained weak in the first part of the 90's, after allowing for the sluggish economic growth … fluctuations. We first describe the evolution of investment using a large panel of French firms, distinguishing the size and the … industry. We afterwards estimate an investment equation which enables us to check whether these firms were subject to financial …

significant effect on economic growth. The results don’t allow drawing any definitive conclusion concerning the investment channel … capital channel has also an indirect effect on growth through investment. …

. According to this interdependance, investment problems raise the question of location and transport-logistics. Firm managers …