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analysis further identifies sources of financing in these subsectors and discusses future investment and financing challenges …
Persistent link: https://www.econbiz.de/10012180399
We study the relationship between net trade credit and firms' investment levels, focusing on financially distressed …
Persistent link: https://www.econbiz.de/10011820889
associated with better firm performance. Our analysis demonstrates that policy support that aims at stimulating investment only … investment bottlenecks arising from market imperfections, while remaining non-discriminatory with a view at what sort of capital …
Persistent link: https://www.econbiz.de/10012792301
highlights future investment and financing challenges, especially for road transport. The methodology piloted in this study can …
Persistent link: https://www.econbiz.de/10012422659
This paper explores the existence and importance of financing constraints for R&D investments in large EU and US manufacturing companies over the 2000-2007 period. The main results obtained by estimating error-correction equations suggest that the sensitivity of R&D investments to cash flow...
Persistent link: https://www.econbiz.de/10011980362
response of investment to continued demand weakness, leading in turn to a deterioration in potential output via a hysteresis … government investment as a share of GDP has further exacerbated post-crisis weakness in capital stock growth, both directly and … probably indirectly via adverse spillover effects on business investment. Finally, at a time when the use of conventional macro …
Persistent link: https://www.econbiz.de/10011577778
Non-residential investment has fallen over the past 20 years as a share of GDP and is now lower than in several other … high-income OECD countries. Business investment growth has been weak since the outbreak of the global financial and … economic crisis. Government investment has been low, especially at municipal level. Investment in knowledge-based capital (KBC …
Persistent link: https://www.econbiz.de/10011577924
We examine the link between corporate financing and investment decisions of European firms by using a novel firm …-level survey of the European Investment Bank (EIBIS). The survey provides rich quantitative information of a wide range of … financing sources and tangible and intangible investment types for a representative sample of EU28 firms in 2016. We provide new …
Persistent link: https://www.econbiz.de/10011781087
same time it can modify the allocation of consumption, investment and the capital stock. With capital …, a shock to the process of capital-embodied technological progress is shown not to raise investment as much as could be … account of the improvement in the quality of capital goods rises only modestly. The muted investment response might seem very …
Persistent link: https://www.econbiz.de/10011823657
, investment, capital stock and current account. The saving rate is determined according to an estimated equation which suggests … deficits depending on the degree of capital account openness. Business sector investment is derived from the capital stock … baseline scenario, but a public investment shock can be simulated in alternative scenarios. The current account balance is …
Persistent link: https://www.econbiz.de/10011823725