The Resource Business Investment in the OECD Economies : Recent Performance and some Implications for Policy, Robert Ford and Pierre Poret, (electronic book:)

Business Investment in the OECD Economies : Recent Performance and some Implications for Policy, Robert Ford and Pierre Poret, (electronic book:)

Label
Business Investment in the OECD Economies : Recent Performance and some Implications for Policy
Title
Business Investment in the OECD Economies
Title remainder
Recent Performance and some Implications for Policy
Statement of responsibility
Robert Ford and Pierre Poret
Creator
Contributor
Subject
Language
eng
Summary
Investment growth in the OECD area has been higher in the second half of the 1980s than in the 1970s. However, the ratio of net investment to GDP has remained low by past cyclical standards. This paper first reviews the evolution of business-sector fixed investment and addresses measurement issues related to computers and intangible investment. It then examines the determinants of investment and the extent to which governments can and should influence capital formation. Time-series properties of investment, output and the cost of capital do not appear to be consistent with well-established theories of investment. The best predictor of investment is found to be its own past history. Therefore, although higher investment could be beneficial to future consumption and economic growth, the effectiveness of policies to raise investment via the cost of capital is largely uncertain ..
Member of
Cataloging source
FR-PaOEC
http://library.link/vocab/creatorName
Ford, Robert
Government publication
international or intergovernmental publication
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
Poret, Pierre
Series statement
OECD Economics Department Working Papers,
Series volume
no.88
http://library.link/vocab/subjectName
Economics
Label
Business Investment in the OECD Economies : Recent Performance and some Implications for Policy, Robert Ford and Pierre Poret, (electronic book:)
Instantiates
Publication
Antecedent source
not applicable
Control code
877680733115
Dimensions
21 x 29.7cm.
Extent
91 p.
File format
multiple file formats
Form of item
online
Specific material designation
remote
System control number
(FR-PaOEC)
Label
Business Investment in the OECD Economies : Recent Performance and some Implications for Policy, Robert Ford and Pierre Poret, (electronic book:)
Publication
Antecedent source
not applicable
Control code
877680733115
Dimensions
21 x 29.7cm.
Extent
91 p.
File format
multiple file formats
Form of item
online
Specific material designation
remote
System control number
(FR-PaOEC)

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