Search Results - subject_exact:"Investment goods"

Automation under constraints : exchange rates interest rates and investment

Ayyagari, Meghana; Maksimovic, Vojislav; Rodrigo, Rodimiro - 2026

The yen depreciation from 2012-2015 reduced robot prices for U.S. firms. Paradoxically, financially constrained firms dramatically increased adoption relative to their unconstrained peers. We rationalize this with a collateral model: robots are pledgeable assets requiring non-pledgeable...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015609860

Trade and permanent growth with domestic and foreign capital goods, and international capital movements

Ziesemer, Thomas - 2026

Domestic and foreign capital and consumption goods are imperfect substitutes in production and demand functions of the growth model by Bardhan-Lewis. We extend the model by introducing exogenous technical progress and allow for foreign debt dynamics without dropping domestic capital goods. Trade...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015626028

Explaining the global decline in the relative price of investment goods : the role of demographic shifts

Li, Yingcan - 2026

The persistent decline in the relative price of investment goods has emerged as a global stylized fact. This paper develops a three-period Overlapping Generations model to delineate the theoretical mechanism through which population age structure affects the relative price of investment goods...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015653852

The determination of the price of capital goods : a differential game approach

Guerrazzi, Marco; Candido, Giuseppe - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015163706

The role of technology intensity in shaping skilled labor demand through imports : the case of Türkiye

Köse, Tuna; Avcı, Mehmet; Aktan, Murat - 2025

According to the skill-biased technological change theory, the technological intensity of the imported input used in manufacturing may affect labor demand. This study examines the impact of imported inputs with different technological intensities on the absolute and relative demand for skilled...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015596335

Skill-biased imports, skill acquisition, and migration

Fan, Jingting; Li, Lei - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015574542

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Skill-biased imports, skill acquisition, and migration

Fan, Jingting; Li, Lei - 2023

Book / Working Paper

Investigating how exchange rates impact Japan's machinery exports since 1990

Thorbecke, Willem - 2024

Japan exports sophisticated capital goods. Since the Global Financial Crisis (GFC), Japanese companies have offshored the production of lower-end goods and parts and components to Asian countries. Because of this, several researchers argued that a weaker yen no longer stimulates machinery...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014636078

Capital-skill complementarity in firms and in the aggregate economy

Berlingieri, Giuseppe; Boeri, Filippo; Lashkari, Danial; … - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015078938

The impact of oil prices on the import of capital goods in Azerbaijan

Ahmadov, Baghish - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014533450

Investigating Japan's machinery and equipment exports after the global financial crisis

Thorbecke, Willem - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014495899

The price of capital goods, investment, and labor : micro-evidence from a trade liberalization

Maleshchuk, Sergii; Timmer, Yannick - 2024

In this paper, we show that a reduction in capital goods prices induced by trade policies can stimulate both investment and labor. We exploit a quasi-natural experiment in the form of a trade reform in Colombia to study how firms with differential exposure to reductions in capital goods tariffs...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015048976

Germany, Europe and the crisis

Halevi, Joseph - 2023

This paper will put forward a number of economic considerations raised by the Russia-Ukraine conflict with the external strong participation, on the side of the latter, of the United States and its NATO allies. We begin with some observations regarding the United States, followed by the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014550852

Human capital, capital goods import and economic growth in West Africa

Ayeni, Raphael Kolade; Akeju, Kemi Funlayo - 2023

This research paper investigates interactions of human capital, capital goods import and economic growth with a panel of 13 West African countries comprises of 7 low income and 6 low-middle income countries over the period of 1980-2018. The study adopts the Panel Auto-Regressive Distributed Lag...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014501130

Do capital goods imports improve the quality of regional development? : evidence from Chinese cities

Liao, Hongwei; Wang, Dingqing; Van Assche, Ari; Du, Julan - 2023

For developing countries with advanced societies and growing economies, it is essential to accurately assess the technological innovation effect of capital goods imports on regional development quality. This study explores the path of high-quality urban development from the perspective of...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014506502

Skill-biased imports, skill acquisition, and migration

Li, Lei; Fan, Jingting - 2023

Imported capital goods, which embody skill-complementary technologies, can increase the supply of skills in developing countries. Focusing on China and using a shift-share design, we show that city-level capital goods import growth increases the local skill share and that both skill acquisition...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014304459

Personality traits, money attitudes and consumer decision-making styles as predictors of investment products choice in South Africa

Ngcamu, Lesego Jenny; Silva Quaye, Emmanuel; Horvey, … - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014326185

Export capacity and capital stock augmentation through imports : evidence from Sub-Saharan African countries

Co, Catherine Yap - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014381018

Financing the Adoption of Clean Technology

Lanteri, Andrea; Rampini, Adriano A. - 2025

We analyze the adoption of clean technology by heterogeneous firms subject to financing constraints. In the model, capital goods differ in terms of their energy needs and age. In equilibrium, cleaner and newer capital requires more financial resources. Therefore, financial constraints induce an...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015361420

The Performance of Investment in Capital Goods During the Pandemic and the Role of Its Sectoral Composition

Pacce, Matias - 2022

The COVID-19 crisis has had a very uneven impact on the different productive sectors of the economy, with those requiring less personal contact or that are less labour-intensive, such as industry, being the least affected. This appears to have been a determining factor behind the buoyancy...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013292253

Solow vs. Solow : Machine Prices and Development

Jovanovic, Boyan; Rob, Rafael - 2022

Machines are more expensive in poor countries, and the relation is pronounced. It is hard for a Solow (1956) type of model to explain the relation between machine prices and GDP given that in most countries equipment investment is under 10% of GDP. A stronger relation emerges in a Solow (1959)...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013292578

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Solow vs. Solow : Machine Prices and Development

Jovanovic, Boyan - 1997

Book / Working Paper

China's skill-biased imports

Li, Hongbin; Li, Lei; Ma, Hong - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014229373

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China's skill-biased imports

Li, Hongbin; Li, Lei; Ma, Hong - 2022

Book / Working Paper

Quota licenses for imported capital equipment : could bureaucrats ever do better than the market?

Spencer, Barbara J. - 1997

Persistent link: https://ebvufind01.dmz1.zbw.eu/10001229032

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Quota licenses for imported capital equipment : could bureaucrats ever do better than the market?

Spencer, Barbara J. - 1996

Book / Working Paper

Quota Licenses for Imported Capital Equipment : Could Bureaucrats Ever Dobetter than the Market?

Spencer, Barbara J. - 2022

Book / Working Paper

Quota Licenses for Imported Capital Equipment : Could Bureaucrats Ever DoBetter than the Market?

Spencer, Barbara J. - 1996

Book / Working Paper

Imports of key capital goods and quality upgrading : evidence from China's import subsidy policy

Li, Jie; Lu, Angdi; Wu, Shuang - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014337920

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Imports of Key Capital Goods and Quality Upgrading : Evidence from China's Import Subsidy Policy

Li, Jie; Lu, Angdi; Wu, Shuang - 2022

Book / Working Paper

Neighboring capital imports and non-importer productivity : Evidence from geocoded manufacturing firms in China

Mo, Jiawei; Zhang, Zhe - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015069487

The effect of capital inflows on the imports of capital goods in developing countries

Fidrmuc, Jan; Gaibulloev, Khusrav; Mirzaei, Ali; Moore, … - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015069905

Effects of imported inputs on export sophistication : evidence from Chinese manufacturing firms

Wang, Xuefeng; Wang, Lixia; Liu, Haiyun; Zhang, Qi - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015107960

The impact of capital goods trade liberalization on regional labor market in China

Wen, Chen; Xue, Wei - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014545114

The price of capital goods, investment and labour : micro-evidence from a trade liberalization

Meleshchuk, Sergii; Timmer, Yannick - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015166781

Do Prices Rise Faster Than They Fall? Evidence From Scanner Data

Kim, In Kyung; Konings, Jozef; Lee, Jinhyuk - 2021

It is a stylized fact that product prices tend to react faster to an increase in costs of intermediate inputs, than to a decrease. This study uses scanner data of retailers in an emerging economy, Kazakhstan, to analyze how large exchange rate shocks impact consumer prices. Consistent with...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013244573

Capital goods imports and long-run growth

Lee, Jong-Wha - 1995

Persistent link: https://ebvufind01.dmz1.zbw.eu/10001192910

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Capital goods imports and long-run growth

Lee, Jong-Wha - 1994

Book / Working Paper

Capital Goods Imports and Long-Run Growth

Lee, Jong-Wha - 2021

Book / Working Paper

Capital Goods Imports and Long-Run Growth

Lee, Jong-Wha - 1994

Book / Working Paper

Capital Goods Prices, Global Capital Markets and Accumulation, 1870-1950

Collins, William J.; Williamson, Jeffrey G. - 2021

Conventional wisdom has it that global financial markets were as well integrated in the 1890s as in the 1990s, but that it took several post-war decades to regenerate the connections that existed before 1914. This view has emerged from a variety of tests for world financial capital market...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013231239

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Capital Goods Prices, Global Capital Markets and Accumulation, 1870-1950

Collins, William J. - 1999

Book / Working Paper

Capital Goods Prices, Global Capital Markets and Accumulation : 1870-1950

Collins, William J. - 1999

Book / Working Paper

The dependent economy model with both traded and nontraded capital goods

Brock, Philip Lawton - 1993

Persistent link: https://ebvufind01.dmz1.zbw.eu/10000885422

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The Dependent Economy Model with Both Traded and Non-Traded Capital Goods

Brock, Philip philiplbrock.com; Turnovsky, Stephen J. - 2021

Book / Working Paper

The Dependent Economy Model with Both Traded and Non-Traded Capital Goods

Brock, Philip L. - 1993

Book / Working Paper

Are Investment Incentives Blunted by Changes in Prices of Capital Goods?

Hassett, Kevin A.; Hubbard, R. Glenn - 2021

Recent research on business investment decisions suggests that real investment in plant and equipment is quite sensitive to changes in the user cost of capital, pointing to the possibility that long-run changes in tax policy may have a significant impact on an economy's capital stock. Indeed,...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013210672

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Are Investment Incentives Blunted by Changes in Prices of Capital Goods?

Hassett, Kevin A. - 1999

Book / Working Paper

Policy Uncertainty and Investment Goods Price Adjustment : Evidence from China's Land Leasing Market

Liang, Mo; Li, Xiaoyang; Yang, Jidong - 2021

Economic policy uncertainty has prominent effect on investment and output. Using unique transaction level land leasing data in China, this paper explores the impact of economic policy uncertainty on Chinese firms’ price premium in the land leasing market transactions. On average, 1% increase...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013216398

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Policy Uncertainty and Investment Goods Price Adjustment : Evidence from China’s Land Leasing Market

LIANG, Mo - 2020

Book / Working Paper

The Relation between Firm Growth and Q with Multiple Capital Goods : Theory and Evidence from Panel Data on Japanese Firms

Hayashi, Fumio; Inoue, Taroh - 2021

We derive from a model of investment with multiple capital goods a one-to-one relation between the growth rate of the capital aggregate and the stock market-based Q. We estimate the growth-Q relation using a panel of Japanese manufacturing firms taking into account the endogeneity of Q....

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013217217

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The Relation Between Firm Growth and Q with Multiple Capital Goods : Theory and Evidence from Panel Data on Japanese Firms

Hayashi, Fumio - 1990

Book / Working Paper

Trade in Capital Goods

Eaton, Jonathan; Kortum, Samuel - 2021

Innovative activity is highly concentrated in a handful of advanced countries. These same countries are also the major exporters of capital goods to the rest of the world. We develop a model of trade in capital goods to assess its role spreading the benefits of technological advances. Applying...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013218802

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Trade in Capital Goods

Eaton, Jonathan - 2001

Book / Working Paper

Delayed Creative Destruction : How Uncertainty Shapes Corporate Assets

Campello, Murillo; Kankanhalli, Gaurav; Kim, Hyunseob - 2021

We show how uncertainty shapes the asset allocation, composition, productivity, and value of capital-intensive firms. We do so using detailed, near-universal data on shipping firms' new orders, secondary-market transactions, and demolition of ships. Firms curtail both the acquisition and...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012585455

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Delayed Creative Destruction : How Uncertainty Shapes Corporate Assets

Campello, Murillo; Kankanhalli, Gaurav; Kim, Hyunseob - 2021

Book / Working Paper

Investment Prices and Exchange Rates : Some Basic Facts

Burstein, Ariel T.; Neves, João César das; Rebelo, Sérgio - 2021

This paper documents four basic facts about investment goods and investment prices. First, investment has a very significant nontradable component in the form of construction services. Second, distributions services (wholesaling, retailing, and transportation) are much less important for...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013222311

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Investment Prices and Exchange Rates : Some Basic Facts

Burstein, Ariel - 2004

Book / Working Paper

Being small at the right moment : path dependence after a shift in the technological regime

Hepp, Jasper - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013187510

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Being small at the right moment : path dependence after a shift in the technological regime

Hepp, Jasper - 2021

Book / Working Paper

Bienes de capital y la cadena de ventajas comparativas

Dvoskin, Ariel; Ianni, Guido - 2021

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012550001

Technology imports and employment in developing countries : evidence from Viet Nam

Dang Duc Anh; Thu Thu Vu - 2020

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012816611

Are capital goods tariffs different?

Meleshchuk, Sergii; Timmer, Yannick - 2020

In this paper we demonstrate the importance of distinguishing capital goods tariffs from other tariffs. Using exposure to a quasi-natural experiment induced by a trade reform in Colombia, we find that firms that have been more exposed to a reduction in intermediate and consumption input or...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012251365

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Are Capital Goods Tariffs Different?

Meleshchuk, Sergii - 2020

Book / Working Paper

Dynamic of Investment Goods Imports Amid Pandemic

Pavlov, Pavel - 2020

Fixed investment is one of fundamental factors for ensuring long-term economic growth and for the economic recovery following the surmounting of business activity decline, crises and recessions. The Russian economy rather strongly depends on imports of investment goods, for example, in...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012834102

Absorption capacity and Natural Resource Curse

Reisinezhad, Arsham - 2020

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012387124

Leveraging trade agreements to boost export from Indian capital goods sector

Swathysree S S; Pal, Parthapratim - 2020

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012315035

New evidence on the service lives of capital goods of Italian firms

Mattevi, Elena; Modugno, Lucia - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015081228

The impact of capital goods prices on Africa's economic performance

Moummad, B. Ben; Ezzahid, Elhadj; Zoglat, Abdelhak - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014309215

Carl Menger's contribution to capital theory

Braun, Eduard - 2023

The common interpretation of Carl Menger’s take on capital theory rests upon a few sentences in his Principles of Economics. His later monograph on the topic, Zur Theorie des Kapitals (A contribution to the theory of capital), is more or less ignored, although it must be seen as a recantation...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014331105