| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w3515 |
| 来源ID | Working Paper 3515 |
| Equipment Investment and Economic Growth | |
| J. Bradford De Long; Lawrence H. Summers | |
| 发表日期 | 1990-11-01 |
| 出版年 | 1990 |
| 语种 | 英语 |
| 摘要 | Using data from the United Nations Comparison Project and the Penn World Table, we find that machinery and equipment investment has a strong association with growth: over l9&)?l95 each percent of GDP invested in equipment is associated with an increase in GDP growth of 1/3 a percentage point per year. This is a much stronger association than found between growth and any of the other components of investment. A variety of considerations suggest that this association is causal, that higher equipment investment drives faster growth, and that the social return to equipment investment in well functioning market economies is on the order of 30 percent per year. |
| 主题 | Econometrics ; International Economics |
| URL | https://www.nber.org/papers/w3515 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/560804 |
| 推荐引用方式 GB/T 7714 | J. Bradford De Long,Lawrence H. Summers. Equipment Investment and Economic Growth. 1990. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w3515.pdf（942KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
