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Applied Economics Letters Volume 4, 1997 - Issue 11
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Original Articles

Productivity shocks and business fixed investment

Omer Ozcicek Department of Economics, 2107 CEBA, Louisiana State University, Baton Rouge, LA, 70803, U.S.A
&
David J. Smyth Department of Economics, 2107 CEBA, Louisiana State University, Baton Rouge, LA, 70803, U.S.A
Pages 679-681 | Received 29 Aug 1996, Published online: 02 Nov 2006
 
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Abstract

Business fixed investment is shown to be related to productivity shocks more than profitability and q variable. The multifactor productivity index is used as a proxy.

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