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Original Articles

Are procyclical lumpiness and asymmetry in capital adjustment dateless phenomena? the case of firms in German industrialization: 1880–1913

Pages 575-579 | Published online: 06 Oct 2010

References

  • Cooper , R. , Haltiwanger , J. and Power , L. 1999 . Machine replacement and the business cycle: lumps and bumps . American Economic Review , 89 : 921 – 946 .
  • Davis , S. and Haltiwanger , J. 1992 . Gross job creation, gross job destruction, and employment reallocation . Quarterly Journal of Economics , 107 : 819 – 864 .
  • Doms , M. and Dunne , T. 1998 . Capital adjustment patterns in manufacturing plants . Review of Economic Dynamics , 1 : 409 – 429 .
  • Fohlin , C. 1998 . Relationship banking, liquidity, and investment in the German industrialization . Journal of Finance , 53 : 1737 – 1758 .
  • Gelos , R. G. and Isgut , A. 2001 . Irreversibilities in fixed capital adjustment - evidence from Mexican and Colombian plants . Economics Letters , 74 : 85 – 89 .
  • Mitchell , B. R. 1992 . International historical statistics - Europe 1750–1988 Stockton, New York

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