Optimal Capital Accumulation and Corporate Investment Behavior
نویسندگان
چکیده
منابع مشابه
Capital Theory and Investment Behavior*
There is no greater gap between economic theory and econometric practice than that which characterizes the literature on business investment in fixed capital. According to the neoclassical theory of capital, as expounded for example by Irving Fisher, a production plan for the firm is chosen so as to maximize utility over time. Under certain well-known conditions this leads to maximization of th...
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ژورنال
عنوان ژورنال: Journal of Political Economy
سال: 1968
ISSN: 0022-3808,1537-534X
DOI: 10.1086/259478