Hall, Bronwyn H.; Mairesse, Jacques; Mulkay, Benoit; … - EconWPA - 1999
We review the changes in modelling strategy and econometric methodology when estimating a firm-level investment … correction, traditional between- and within-firm estimation versus GMM estimation, the investment behavior of French firms versus … that of U.S. firms, and investment behavior today versus ten to twenty years ago. Although the econometric advances have …