Arbeitspapier

Aggregate investment and corporate indebtedness , Some empirical avidence from Finland

The purpose of this study was to examine whether evidence of the possible effects of firms' indebtedness on their investment decisions can be found in empirical aggregate investment equations. Three different types of equations for aggregate investment in Finland were estimated.The equations were estimated separately for manufacturing and nonmanufacturing investment.An indebtedness variable was used as an additional explanatory variable in every equation.The results support the view that nonmanufacturing firms' indebtedness has had a negative effect on their investment in Finland.In the manufacturing sector no such evidence was found.

Sprache
Englisch
ISBN
951-686-449-X

Erschienen in
Series: Bank of Finland Discussion Papers ; No. 10/1995

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Kajanoja, Lauri
Ereignis
Veröffentlichung
(wer)
Bank of Finland
(wo)
Helsinki
(wann)
1995

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Kajanoja, Lauri
  • Bank of Finland

Entstanden

  • 1995

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