| Titre | Investissement, incertitude de la demande et contraintes de capacités David de la Croix | |
|---|---|---|
| Auteur | Omar Licandro | |
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Revue | Economie et prévision |
| Numéro | no 106, 1992/5 Développements récents de la macro-économie | |
| Rubrique / Thématique | Développements récents de la macro-économie |
|
| Page | 85-95 | |
| Résumé anglais |
Investment Under Demand Uncertainty and Capacity Constraints,
by David de la Croix and Omar Licandro.
The relevance of Tobin's q theory is evaluated under stochastic demand and capacity constraints by estimating a Belgian manufacturing investment function. Under these theoretical conditions, investment depends on average q and on the expectations about the degree of capacity utilization. The resulting estimates show that the introduction of the degree of capacity utilization as an additional explanatory variable significantly improves the investment rate equation. Source : Éditeur (via Persée) |
|
| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1992_num_106_5_5317 |
