scholarly journals Finance Constraint and Firm Investment: A Survey of Econometric Methodology

2014 ◽  
Vol 3 (2) ◽  
Author(s):  
Pranab Kumar Das
2016 ◽  
pp. 59-70
Author(s):  
Ninh Le Khuong ◽  
Nghiem Le Tan ◽  
Tho Huynh Huu

This paper aims to detect the impact of firm managers’ risk attitude on the relationship between the degree of output market uncertainty and firm investment. The findings show that there is a negative relationship between these two aspects for risk-averse managers while there is a positive relationship for risk-loving ones, since they have different utility functions. Based on the findings, this paper proposes recommendations for firm managers to take into account when making investment decisions and long-term business strategies as well.


2016 ◽  
Author(s):  
Ivan T. Kandilov ◽  
Asli Leblebicioglu ◽  
Ruchita Manghnani

2009 ◽  
Author(s):  
Alexander Karaivanov ◽  
Jesus Saurina Salas ◽  
Robert M. Townsend ◽  
Sonia Ruano

2019 ◽  
Vol 81 ◽  
pp. 325-337 ◽  
Author(s):  
Jinglu Jiang ◽  
Bo Liu ◽  
Jinqiang Yang

2019 ◽  
Vol 25 (4) ◽  
Author(s):  
Jean-Paul Azam

AbstractThis short paper focuses on econometric issues raised by intentional government interventions aimed at influencing some politically sensitive outcomes. It first presents an example where multiple regression analysis provides quite a misleading diagnosis about foreign aid and immigration that can be rectified by using a causal analysis based on instrumental variables. It then offers a simple theoretical framework to bring out the basic information asymmetries affecting the game between the econometrician and the policy maker and their implications for the choice of instruments in a near-identification strategy. This approach is shown to provide a strong political judgement in the case of the armed violence between local governments and “Maoist” insurgents in eight states of India. Proper econometric analysis shows that the initiative of the insurgency cannot be blamed on the rebels.


2007 ◽  
Vol 53 (3) ◽  
pp. 397-421 ◽  
Author(s):  
Arvid Raknerud ◽  
Dag Rønningen ◽  
Terje Skjerpen
Keyword(s):  

2012 ◽  
Vol 13 (3) ◽  
pp. 352-361 ◽  
Author(s):  
Florian Baumann ◽  
Tim Friehe

AbstractThis paper analyzes the effects of regulatory uncertainty regarding labor costs on investment in a liberalized market. We distinguish between the external investment margin (market entry) and the internal investment margin (technology), and establish that regulatory uncertainty affects these margins differently, encouraging market entry, but discouraging technological investment. As a consequence, the impact of regulatory uncertainty on competition in liberalized markets is a combination of these two countervailing forces.


2013 ◽  
Vol 25 ◽  
pp. 85-100 ◽  
Author(s):  
Alex A. Chen ◽  
Hong Cao ◽  
Dayong Zhang ◽  
David G. Dickinson

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