Investment

PrefaceChapter 1 Introduction 1.1 Types of Investment 1.2 Investment in the United Kingdom, 1900-67 1.3 Investment in the United States, 1929-67 1.4 Fixed Investment and Economic GrowthChapter 2 Theories of Aggregate Investment 2.1 The Level of Aggregation 2.2 Innovation and Autonomous Investment 2.3 The Neoclassical Theory of Capital Accumulation 2.4 Criticisms of the Neoclassical Theories 2.5 Sources of Funds 2.6 The Acceleration Principle 2.7 Replacement Investment 2.8 Expectations About the Future 2.9 Capital Stock Adjustment Models 2.10 Tax Incentives and Disincentives to Investment 2.11 Time LagsChapter 3 Statistical and Questionnaire Studies 3.1 Statistical Studies 3.2 Interview and Questionnaire StudiesChapter 4 Estimation of Lag Distributions 4.1 Introduction 4.2 Geometrically Declining Lag Distributions 4.3 Pascal and Rational Distributions 4.4 Other Stable Lag Distributions 4.5 Variable Lag Distributions 4.6 First-in First-Out MethodChapter 5 Econometric Studies 5.1 United Kingdom Studies 5.2 United States Studies 5.3 Two-Stage Studies of Investment 5.4 Guidelines for Future ResearchReferencesAuthor IndexSubject Index