Investment in Capital Assets and Economic Performance: The U.S. Chemicals and Primary-Metals Industries in Transition

Catherine Morrison Paul

Journal of Business & Economic Statistics, 1993, vol. 11, issue 1, 45-60

Abstract: The effects of market and technological conditions on the investment and markup behavior of firms, and their resulting impacts on economic performance, are closely interrelated and comple x. In this paper determinants of and linkages among these are explored. for two industries with very different performance records and developme nt patterns--the chemicals and primary metals industries. The analysis is carried out using a production theory model that permits explicit assessment of the motivations underlying firm decisions, and data th at allows high tech investment to be distinguished from general capital assets. This allows modeling and measurement of technological and behavioral factors underlying investment, input demand and pricing decisions, and resulting economic performance.

Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (6)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Investment in Capital Assets and Economic Performance: The U.S. Chemicals and Primary Metals Industries in Transition (1991)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bes:jnlbes:v:11:y:1993:i:1:p:45-60

Ordering information: This journal article can be ordered from
http://www.amstat.org/publications/index.html

Access Statistics for this article

Journal of Business & Economic Statistics is currently edited by Jonathan H. Wright and Keisuke Hirano

More articles in Journal of Business & Economic Statistics from American Statistical Association
Bibliographic data for series maintained by Christopher F. Baum ().