Time irreversible investment : theory and macroeconomic evidence for the UK manufacturing sector

Using UK manufacturing data, this study attempts to identify the presence of irreversible investment considerations at the industry group level of aggregation, and investment disaggregated by investment good category, and its influence on investment patterns and relationships. A selection of asymmet...

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Bibliographic Details
Main Author: Thompson, Piers
Published: Swansea University 2005
Subjects:
Online Access:https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.639232