%A L. Sun
%T Estimating Investment Functions Based on Cointegration
%X 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).
%P 188-220
%B Aggregate Behaviour of Investment in China, 1953–96
%D 2001
%C UK
%R 10.1057/9780230513884_6
%I Palgrave Macmillan
%L iiasa14284