Estimating Investment Functions Based on Cointegration

Sun L (2001). Estimating Investment Functions Based on Cointegration. In: Aggregate Behaviour of Investment in China, 1953–96. pp. 188-220 UK: Palgrave Macmillan. ISBN 978-0-230-51388-4 DOI:10.1057/9780230513884_6.

Full text not available from this repository.

Abstract

The purpose of this chapter is to model both investment growth and cycle without artificially imposing a separation between them. This will be done by establishing both a long-run equilibrium investment level (adjustment) function and a short-run investment growth rate cycle (adjustment) equation based on the recently developed cointegration and error correction approaches. This chapter is an extended version of Sun (1998a).

Item Type: Book Section
Research Programs: Modeling Land-Use and Land-Cover Changes (LUC)
Depositing User: Romeo Molina
Date Deposited: 19 Jan 2017 15:14
Last Modified: 19 Jan 2017 15:14
URI: http://pure.iiasa.ac.at/14284

Actions (login required)

View Item View Item

International Institute for Applied Systems Analysis (IIASA)
Schlossplatz 1, A-2361 Laxenburg, Austria
Phone: (+43 2236) 807 0 Fax:(+43 2236) 71 313