Arbeitspapier

Explaining Investment Trends in European Union Countries

In the 1980s and, in particular, in the 1990s the countries of the European Union experienced divergent developments of gross fixed capital formation. Estimating an investment function for a panel of ten countries and analyzing the paths of the determinants of investment in the countries under consideration reveals that the different development of final demand is the main factor responsible for the divergences in investment. Other factors are disparities in the decline of real interest rates and of relative prices for capital goods.

Language
Englisch

Bibliographic citation
Series: IWH Discussion Papers ; No. 174/2003

Classification
Wirtschaft
Subject
Investition
Investitionsfunktion
Schätzung
EU-Staaten

Event
Geistige Schöpfung
(who)
Weyerstraß, Klaus
Event
Veröffentlichung
(who)
Leibniz-Institut für Wirtschaftsforschung Halle (IWH)
(where)
Halle (Saale)
(when)
2003

Handle
URN
urn:nbn:de:gbv:3:2-20390
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Weyerstraß, Klaus
  • Leibniz-Institut für Wirtschaftsforschung Halle (IWH)

Time of origin

  • 2003

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