A Reappraisal of the Neoclassical Approach to Modelling Business Investment

Empirical studies of investment behaviour are typically based on the three models of investment available in the literature: the Jorgenson neoclassical model, the adjustment cost model, and Tobin's q theory. A case is put for a reappraisal of the empirical implementation of these models.


Issue Date:
May 01 1990
Publication Type:
Working or Discussion Paper
Record Identifier:
http://ageconsearch.umn.edu/record/267066
Language:
English
Total Pages:
26
Series Statement:
Working Paper No. 5/90




 Record created 2018-01-24, last modified 2018-01-25

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