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Profitability Gap Theories of Investment

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Author Info
Richardson, C.
Abstract

This paper aims to demonstrate that all classical uniform-profitability; Keynesian marginal-efficiency; neo-Keynesian multiplier-accelerator; and neoclassical q-theory and user-cost investment functions are merely individual "ontogenic" expressions of a general "phylogenic" investment equation.

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Publisher Info
Paper provided by Tasmania - Department of Economics in its series Papers with number 2001-07.

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Length: 26 pages
Date of creation: 2001
Date of revision:
Handle: RePEc:fth:tasman:2001-07

Contact details of provider:
Postal: UNIVERSITY OF TASMANIA, DEPARTMENT OF ECONOMICS, HOBART TASMANIA 7001 AUSTRALIA.
Phone: +61 3 6226 7672
Fax: +61 3 6226 7587
Web page: http://fcms.its.utas.edu.au/business/ecofin/
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Related research
Keywords: INVESTMENTS ECONOMIC THEORIY

Find related papers by JEL classification:
E21 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
E20 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)

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This page was last updated on 2008-7-2.

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