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Titre La reprise de l'investissement dans quatre grands pays de l'Ocdé
Auteur Jean-François Loué
Mir@bel Revue Economie et prévision
Numéro no 88-89, 1989/2-3 Etudes du comportement des entreprises
Rubrique / Thématique
Notes
Page 95-101
Résumé anglais An Upturn in Capital Investment in Four Major Oecd Countries, by Jean- François Loué. In 1988, observers were surprised by the dynamism of capital investment, which upset most forecasts. Is the stock of existing capital simply being adapted to meet a stronger demand than anticipated? Or are we witnessing an unexplained phenomenon? A simple modelling of four countries (the United States, Japan, Britain and West Germany) sheds light on this debate and helps to update the forecasts; capital investment in 1988, in all four contries, was higher than had been foreseen by modelling. Forecasts of less exceptional growth for the next few years, as well as an abundant stock of existing capital, could lead to a slowdown, whose magnitude will depend largely on growth hypotheses that are themselves uncertain.
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