What Determines Relative Sectoral Investment Patterns in EU Regions?

What Determines Australia’s Foreign Equity Investment?

Sectoral Fluctuations in U.K. Firms’ Investment Expenditures

In this paper, employing VAR and factor analytic models with quarterly U.K. sectoral business investment data, we show that both common and sector–specific shocks play important roles in explaining business investment fluctuations. JEL: C32, E22, E32.

Lumpy Investment, Sectoral Propagation, and Business Cycles

This paper proposes a model of endogenous fluctuations in investment. A monopolistic producer has an incentive to invest when the aggregate demand is high. This causes a propagation of investment across sectors. When the investment follows an (S,s) policy, the propagation size can exhibit a significant fluctuation. We characterize the probability distribution of the propagation size, and show t...

Agglomeration in the Eu Regions

Based on a new economic geography (NEG) model by Puga (1999), we use the equilibrium wage equation to estimate two key structural model parameters for the NUTS II EU regions. These estimations enable us to come up with an empirically grounded free-ness of trade parameter. In line with NEG theory, the estimation results show that a spatial wage structure exists for the EU regions. By going back ...

Sectoral balances, savings and investment in Solomon Islands

From the principles of national income accounting, which require ultimately a balanced set of double-entry accounts, a deficit in any one of the public, private and overseas sectors must be offset by a net surplus in the other two. If private savings are insufficient to finance the government deficit and private investment—that is the nation as a whole spends more than it earns—it becomes indeb...