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Adjustment Costs and Irreversibility as Determinants of Investment: Evidence from African Manufacturing
16 references·4 citing·41 second hop
Adjustment Costs and Irreversibility as Determinants of Investment: Evidence from African Manufacturing (2005)Adjustment Costs and Irreversibility as D…Zeros and Lumps in Investment: Empirical Evidence on Irreversibilities and Nonconvexities (2003)Zeros and Lumps in Investment…Analysis of Panel Data (2003)Analysis of Panel DataManufacturing Firms in Developing Countries: How Well Do They Do, and Why? (2000)Manufacturing Firms in Develo…Machine Replacement and the Business Cycle: Lumps and Bumps (1999)Machine Replacement and the B…Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S, s) Approach (1999)Explaining Investment Dynamic…Capital Adjustment Patterns in Manufacturing Plants (1998)Capital Adjustment Patterns i…The Effect of Sample Selection and Initial Conditions in Duration Models: Evidence from Experimental Data on Training (1996)The Effect of Sample Selectio…Adjustment Costs in Factor Demand (1996)Adjustment Costs in Factor De…Plant-Level Adjustment and Aggregate Investment Dynamics (1995)Plant-Level Adjustment and Ag…Labor Force Dynamics of Older Men (1994)Labor Force Dynamics of Older…Investment Under Uncertainty. (1994)Investment Under Uncertainty.Dynamic Investment Models and the Firm's Financial Policy (1994)Dynamic Investment Models and…The Relationship Between Wages and Income and the Timing and Spacing of Births: Evidence from Swedish Longitudinal Data (1990)The Relationship Between Wage…A Method for Minimizing the Impact of Distributional Assumptions in Econometric Models for Duration Data (1984)A Method for Minimizing the I…Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)Tobin's Marginal q and Averag…Taxation and Corporate Investment: A q-Theory Approach (1981)Taxation and Corporate Invest…Financial Constraints, Working Capital and the Dynamic Behavior of the Firm (2014)Financial Constraints, Workin…Investment Dynamics with Information Costs (2013)Investment Dynamics with Info…Effects of Microfinance on Micro and Small Enterprises (MSEs) Growth in Nigeria (2012)Effects of Microfinance on Mi…Survival of Private Sector Manufacturing Establishments in Africa: The Role of Productivity and Ownership (2008)Survival of Private Sector Ma…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Corporate financing and investment decisions when firms have information that investors do not have (1984)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)The Financial Accelerator and the Flight to Quality (1996)Panel Data Econometrics (2003)Financial Constraints Risk (2006)Job Matching and the Theory of Turnover (1979)Labor Supply: A Review of Alternative Approaches (1999)Trajectories of Boys' Physical Aggression, Opposition, and Hyperactivity on the Path to Physically Violent and Nonviolent Juvenile Delinquency (1999)Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools (2005)Selection and the Evolution of Industry (1982)Investment under Uncertainty (1994)Aggregate Productivity Growth: Lessons from Microeconomic Evidence (1998)Asset Pricing Implications of Nonconvex Adjustment Costs and Irreversibility of Investment (2006)Firms, Destinations, and Aggregate Fluctuations (2014)Recursive Methods in Economic Dynamics (1989)Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods (1990)Displaced Capital: A Study of Aerospace Plant Closings (2001)Econometric Tools for Analyzing Market Outcomes (2007)Do Physicians' Financial Incentives Affect Medical Treatment and Patient Health? (2014)Financial Development and Economic Growth: Views and AgendaAn Evolutionary Theory of Economic Change. (1983)Understanding Productivity: Lessons from Longitudinal Microdata (2000)Industrial Policy for the Twenty-First Century (2004)Policy distortions and aggregate productivity with heterogeneous establishments (2008)Productivity Growth, Technical Progress, and Efficiency Change in Industrialized Countries (2016)Employment protection legislation, adjustment costs and cross-country differences in cost behavior (2012)Asymmetric Cost Behavior (2014)Labor Hiring, Investment, and Stock Return Predictability in the Cross Section (2014)Real Business Cycles in a Small Open Economy (1991)Financing Investment (2001)Corporate social responsibility and access to finance (2013)Time to Build and Aggregate Fluctuations (1982)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Impact of Uncertainty Shocks (2009)The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging (1997)The Value Premium (2005)Policy Uncertainty and Corporate Investment (2015)Initial conditions and moment restrictions in dynamic panel data models (1995)Econometric Analysis of Cross Section and Panel Data (2001)Unit root tests in panel data: asymptotic and finite-sample properties (2002)
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References

  • 1994Investment Under Uncertainty.9,497 cited
  • 2003Analysis of Panel Data7,858 cited
  • 1982Tobin's Marginal q and Average q: A Neoclassical Interpretation3,178 cited
  • 1984A Method for Minimizing the Impact of Distributional Assumptions in Econometric Models for Duration Data2,790 cited
  • 2000Manufacturing Firms in Developing Countries: How Well Do They Do, and Why?1,532 cited
  • 1994Dynamic Investment Models and the Firm's Financial Policy977 cited
  • 1981Taxation and Corporate Investment: A q-Theory Approach754 cited
  • 1996Adjustment Costs in Factor Demand710 cited
  • 1998Capital Adjustment Patterns in Manufacturing Plants706 cited
  • 1999Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S, s) Approach503 cited
  • 1995Plant-Level Adjustment and Aggregate Investment Dynamics481 cited
  • 1999Machine Replacement and the Business Cycle: Lumps and Bumps449 cited
  • 1990The Relationship Between Wages and Income and the Timing and Spacing of Births: Evidence from Swedish Longitudinal Data423 cited
  • 1996The Effect of Sample Selection and Initial Conditions in Duration Models: Evidence from Experimental Data on Training345 cited
  • 1994Labor Force Dynamics of Older Men

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241 cited
  • 2003Zeros and Lumps in Investment: Empirical Evidence on Irreversibilities and Nonconvexities166 cited
  • Cited by

    • 2012Effects of Microfinance on Micro and Small Enterprises (MSEs) Growth in Nigeria91 cited
    • 2008Survival of Private Sector Manufacturing Establishments in Africa: The Role of Productivity and Ownership85 cited
    • 2013Investment Dynamics with Information Costs35 cited
    • 2014Financial Constraints, Working Capital and the Dynamic Behavior of the Firm25 cited