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Productivity shocks and business fixed investment

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  • Omer Ozcicek
  • David Smyth

Abstract

Business fixed investment is shown to be related to productivity shocks more than profitability and q variable. The multifactor productivity index is used as a proxy.

Suggested Citation

  • Omer Ozcicek & David Smyth, 1997. "Productivity shocks and business fixed investment," Applied Economics Letters, Taylor & Francis Journals, vol. 4(11), pages 679-681.
    • Handle: RePEc:taf:apeclt:v:4:y:1997:i:11:p:679-681
    DOI: 10.1080/758530648
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    References listed on IDEAS

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    1. Barro, Robert J, 1990. "The Stock Market and Investment," The Review of Financial Studies, Society for Financial Studies, vol. 3(1), pages 115-131.
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