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Equipment Investment and Economic Growth: How Strong Is the Nexus?

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Author Info
J. Bradford DeLong (Harvard University)
Lawrence H. Summers (World Bank)

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Abstract

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File URL: http://www.brookings.edu/press/Journals/1993/bpea292.aspx
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Publisher Info
Article provided by Economic Studies Program, The Brookings Institution in its journal Brookings Papers on Economic Activity.

Volume (Year): 23 (1992)
Issue (Month): 1992-2 ()
Pages: 157-212
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Handle: RePEc:bin:bpeajo:v:23:y:1992:i:1992-2:p:157-212

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Related research
Keywords: macroeconomics; Equipment Investment; Economic Growth; Nexus;

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Calomiris, Charles W. & Himmelberg, Charles P., 1995. "Government credit policy and industrial performance : Japanese machine tool producers, 1963-91," Policy Research Working Paper Series 1434, The World Bank. [Downloadable!]
  2. Becchetti Leonardo & Londoño Bedoya David, 2006. "The selection of investment subsidy beneficiaries. An estimate of the differences between national and regional policymakers priorities," Departmental Working Papers 244, Tor Vergata University, CEIS. [Downloadable!]
    Other versions:
  3. Pritchett, Lant, 1996. "Mind your P's and Q's : the cost of public investment is not the value of public capital," Policy Research Working Paper Series 1660, The World Bank. [Downloadable!]
  4. Bloch, Harry & Madden, Gary G, 1995. "Productivity growth in Australian manufacturing: a vintage capital model," MPRA Paper 13003, University Library of Munich, Germany. [Downloadable!]
  5. Francisco Alvarez-Cuadrado & Mihaela I. Pintea, 2008. "A Quantitative Exploration of the Golden Age of European Growth," Working Papers 0805, Florida International University, Department of Economics. [Downloadable!]
    Other versions:
  6. Pritchett, Lant, 2000. "The tyranny of concepts - CUDIE (Cumulated, Depreciated Investment Effort) is NOT capital," Policy Research Working Paper Series 2341, The World Bank. [Downloadable!]
    Other versions:
  7. Sang-Yong Tom Lee & Xiao Jia Guo, 2004. "Information and Communications Technology (ICT) and Spillover: A Panel Analysis," Econometric Society 2004 Far Eastern Meetings 722, Econometric Society. [Downloadable!]
  8. Andrew Sharpe & Jean-François Arsenault, 2008. "ICT Investment and Productivity: A Provincial Perspective," CSLS Research Reports 2008-6, Centre for the Study of Living Standards. [Downloadable!]
  9. Wenli Cheng & Xiaonan Zhao, 2008. "Economic Performance Through Time: A General Equilibrium Model," Monash Economics Working Papers 01/08, Monash University, Department of Economics. [Downloadable!]
    Other versions:
  10. James L. Butkiewicz & Matthew A. Martin, 2003. "Agricultural Investment and the Interwar Business Cycle," Working Papers 03-10, University of Delaware, Department of Economics. [Downloadable!]
  11. Richard G. Harris & Peter E. Robertson, 2007. "Dynamic Adjustments to Terms of Trade Shocks: The USA Productivity Boom and Australia," Discussion Papers 2007-16, School of Economics, The University of New South Wales. [Downloadable!]
  12. Sergio Cesaratto, 2009. "Endogenous growth theory twenty years on: a critical assessment," Department of Economics University of Siena 559, Department of Economics, University of Siena. [Downloadable!]
  13. Uwe Dulleck & Neil Foster, 2007. "Imported Equipment, Human Capital and Economic Growth in Developing Countries," NCER Working Paper Series 16, National Centre for Econometric Research. [Downloadable!]
    Other versions:
  14. Dibeh, Ghassan, 2005. "The Political Economy of Postwar Reconstruction in Lebanon," Working Papers RP2005/44, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
  15. Arvind Virmani, 2004. "Sources of India's economic growth: trends in total factor productivity," Indian Council for Research on International Economic Relations, New Delhi Working Papers 131, Indian Council for Research on International Economic Relations, New Delhi, India. [Downloadable!]
  16. Steve Dowrick, 1995. "The Determinants of Long-Run Growth," RBA Annual Conference Volume, in: Palle Andersen & Jacqueline Dwyer & David Gruen (ed.), Productivity and Growth Reserve Bank of Australia. [Downloadable!]
  17. Kiyohiko G. Nishimura & Kazunori Minetaki & Masato Shirai & Futoshi Kurokawa, 2002. "Effects of Information Technology and Aging Work Force on Labor Demand and Technological Progress in Japanese Industries: 1980-1998," CIRJE F-Series CIRJE-F-145, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
  18. Luigi Bonatti, 2003. "'Soft' growth and the role of monetary policy in selecting the long-run equilibrium path," Working Papers 0306, University of Bergamo, Department of Economics. [Downloadable!]
  19. Arvind Virmani, 2005. "Policy regimes, growth and poverty in India : Lessons of government failure and entrepreneurial success," Indian Council for Research on International Economic Relations, New Delhi Working Papers 170, Indian Council for Research on International Economic Relations, New Delhi, India. [Downloadable!]
  20. Diego Romero-Avila, 2006. "Can the AK Model Be Rescued? New Evidence from Unit Root Tests with Good Size and Power," Topics in Macroeconomics, Berkeley Electronic Press, vol. 6(1), pages 1336-1336. [Downloadable!] (restricted)
  21. Hendricks, Lutz, . "Equipment Investment and Growth In Developing Countries," Working Papers 97/5, Arizona State University, Department of Economics. [Downloadable!]
    Other versions:
  22. Sun Sheng Han, George Ofori, 2001. "Construction industry in China's regional economy, 1990–1998," Construction Management & Economics, Taylor and Francis Journals, vol. 19(2), pages 189-205, March. [Downloadable!] (restricted)
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This page was last updated on 2009-11-8.


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