Optimal problem and econometric estimates of investment from profit in Russian economy
Authors suggest an optimization model of investment in fixed assets from profit and make econometric estimates of this parameter These estimated showed that investment depends sufficiently from net profit and from marginal revenue of capital The latter depends strongly from price index of Russian export
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- Jorgenson, Dale W, 1971. "Econometric Studies of Investment Behavior: A Survey," Journal of Economic Literature, American Economic Association, vol. 9(4), pages 1111-47, December.
- J. Hirshleifer, 1958. "On the Theory of Optimal Investment Decision," Journal of Political Economy, University of Chicago Press, vol. 66, pages 329.
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