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Econometric Analysis of Sectoral Investment in Belgium (1956-1982)

Author

Listed:
  • M. GERARD

    (ICHEC, Department of economics)

  • C. VANDEN BERGHE

    (ICHEC, Department of economics)

Abstract

That article is part of an investigation on investment behaviour in Belgium both at aggregate and sectoral level. More precisely, it aims to test the hypothesis that investors become more sensitive to expectations regarding future sales opportunities when the economic conditions are going down. Consequently the relative weight of that determinant of investment with respect to the so called notional determinants, i.e. here the real cost of capital, increases when business conditions deteriorate.

Suggested Citation

  • M. Gerard & C. Vanden Berghe, 1984. "Econometric Analysis of Sectoral Investment in Belgium (1956-1982)," Discussion Papers (REL - Recherches Economiques de Louvain) 1984017, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    • Handle: RePEc:ctl:louvre:1984017
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