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Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the … time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to … account, but a significant positive relationship between cash flow and investment remains for relatively small firms. In the …
Persistent link: https://www.econbiz.de/10011621855
Persistent link: https://www.econbiz.de/10000647702
players can result in diseconomies of scale and a less efficient use of resources. We also find evidence that investment …
Persistent link: https://www.econbiz.de/10014079683
We study the dual relationship between market structure and prices and between market structure and investment in …. Furthermore, they also lead to higher investment per mobile operator, though the impact on total investment is not conclusive. Our …
Persistent link: https://www.econbiz.de/10012953486
, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998-2007. First, we find …, the profitability-growth relationship is mediated via investment. Firm's contemporaneous and lagged profitabilities … that productivity variations, rather than relative levels, are the dominant productivity-related determinant of firm growth …
Persistent link: https://www.econbiz.de/10013022882
This paper examines the interplay between globalization, product market competition, and corporate investment. We find … that imports and foreign direct investment adversely affect domestic firms' market power, but the effect of imports is more … power is stronger. Internal funds and market power show a complementary effect on corporate investment. Also, the …
Persistent link: https://www.econbiz.de/10013109087
Investors owned 15 percent of all single family houses in the U.S. in the year 2000, with a value of fixed assets that dwarfed that of any single manufacturing industry, and approached that of the entire manufacturing sector. Owner occupied and investor owned houses are functionally identical...
Persistent link: https://www.econbiz.de/10013052420
, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998 - 2007. First, we find …, the profitability-growth relationship is mediated via investment. Firm's contemporaneous and lagged profitabilities … that productivity variations, rather than relative levels, are the dominant productivity-related determinant of firm growth …
Persistent link: https://www.econbiz.de/10010500809
consumer welfare. The model consists of an investment stage with uncertain returns and subsequent quantity competition. The … access price is a function of investment costs and the regulatory regime. A regime with fully distributed costs or a … holiday, respectively. Risk-sharing benefits consumers as it combines relatively high ex-ante investment incentives with …
Persistent link: https://www.econbiz.de/10003860957
combine R&D investments with patent data of the world top R&D investors worldwide and show that investment per patent varies …. Accounting for (un)observed heterogeneity may lead to better policy design and management decisions. …
Persistent link: https://www.econbiz.de/10011995880