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RECONSIDERING THE INVESTMENT–PROFIT NEXUS IN FINANCE‐LED ECONOMIES: AN ARDL‐BASED APPROACH
16 references·16 citing·29 second hopsampled
RECONSIDERING THE INVESTMENT–PROFIT NEXUS IN FINANCE‐LED ECONOMIES: AN ARDL‐BASED APPROACH (2008)RECONSIDERING THE INVESTMENT–PROFIT NEXUS…The Accumulation of Capital (2010)The Accumulation of CapitalThe New Industrial State (2007)The New Industrial StateThe economic implications of corporate financial reporting (2005)The economic implications of …Bounds testing approaches to the analysis of level relationships (2001)Bounds testing approaches to …Maximizing shareholder value: a new ideology for corporate governance (2000)Maximizing shareholder value:…Error‐correction Mechanism Tests for Cointegration in a Single‐equation Framework (1998)Error‐correction Mechanism Te…Likelihood-Based Inference in Cointegrated Vector Autoregressive Models (1995)Likelihood-Based Inference in…Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models (1991)Estimation and Hypothesis Tes…Statistical analysis of cointegration vectors (1988)Statistical analysis of coint…Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)Co-Integration and Error Corr…Agency Problems and the Theory of the Firm (1980)Agency Problems and the Theor…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Mergers and the Market for Corporate Control (1965)Mergers and the Market for Co…Capital Accumulation and Economic Growth (1961)Capital Accumulation and Econ…A Model of Economic Growth (1957)A Model of Economic GrowthAlternative Theories of Distribution (1955)Alternative Theories of Distr…Global secular stagnation and the rise of intellectual property monopoly (2021)Global secular stagnation and…Welfare models and demand-led growth regimes before and after the financial and economic crisis (2020)Welfare models and demand-led…The financialization of the non‐financial corporation. 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(2017)Financialisation and Real Inv…Rethinking the Financialisation of Non-Financial Corporations: A Reappraisal of US Empirical Data (2016)Rethinking the Financialisati…Determinants of labour’s income share in the era of financialisation (2016)Determinants of labour’s inco…Interest rates, distribution and capital accumulation – A post-Kaleckian perspective on the US and Germany (2011)Interest rates, distribution …Goodwin or Kalecki in Demand? Functional Income Distribution and Aggregate Demand in the Short Run (2011)Goodwin or Kalecki in Demand?…Financialisation and Rising Shareholder Power in Kaleckian/Post-Kaleckian Models of Distribution and Growth (2010)Financialisation and Rising S…‘Financialisation’ in Post-Keynesian Models of Distribution and Growth: A Systematic Review (2010)‘Financialisation’ in Post-Ke…SHAREHOLDER VALUE ORIENTATION, DISTRIBUTION AND GROWTH-SHORT- AND MEDIUM-RUN EFFECTS IN A KALECKIAN MODEL (2009)SHAREHOLDER VALUE ORIENTATION…Post-Keynesian Theories of the Firm under Financialization (2009)Post-Keynesian Theories of th…Distribution of the Estimators for Autoregressive Time Series with a Unit Root (1979)Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root (1981)The saving and investment nexus for China: evidence from cointegration tests (2005)An econometric study of CO2 emissions, energy consumption, income and foreign trade in Turkey (2009)Modelling Asymmetric Cointegration and Dynamic Multipliers in a Nonlinear ARDL Framework (2014)MAXIMUM LIKELIHOOD ESTIMATION AND INFERENCE ON COINTEGRATION — WITH APPLICATIONS TO THE DEMAND FOR MONEY (1990)A Note with Quantiles of the Asymptotic Distribution of the Maximum Likelihood Cointegration Rank Test Statistics1 (1992)Unit root tests in panel data: asymptotic and finite-sample properties (2002)Distribution of the Estimators for Autoregressive Time Series With a Unit Root (1979)PANEL COINTEGRATION: ASYMPTOTIC AND FINITE SAMPLE PROPERTIES OF POOLED TIME SERIES TESTS WITH AN APPLICATION TO THE PPP HYPOTHESIS (2004)The Nature of the Firm (1937)Dynamic capabilities and strategic management (1997)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Law and Finance (1998)Earnings Management During Import Relief Investigations (1991)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The theory and practice of corporate finance: evidence from the field (2001)Earnings Management through Real Activities Manipulation (2003)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)Separation of Ownership and Control (1983)A Survey of Corporate Governance (1997)Immigrant Enclaves: An Analysis of the Labor Market Experiences of Cubans in Miami (1980)Conclusion: epistemic communities, world order, and the creation of a reflective research program (1992)Famine, Affluence, and Morality (2018)Generalized impulse response analysis in linear multivariate models (1998)Numerical distribution functions of likelihood ratio tests for cointegration (1999)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1987Co-Integration and Error Correction: Representation, Estimation, and Testing31,983 cited
  • 2001Bounds testing approaches to the analysis of level relationships20,339 cited
  • 1988Statistical analysis of cointegration vectors17,038 cited
  • 1991Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models11,146 cited
  • 1980Agency Problems and the Theory of the Firm10,540 cited
  • 2005The economic implications of corporate financial reporting6,337 cited
  • 1995Likelihood-Based Inference in Cointegrated Vector Autoregressive Models5,336 cited
  • 2007The New Industrial State2,596 cited
  • 1965Mergers and the Market for Corporate Control2,364 cited
  • 1998Error‐correction Mechanism Tests for Cointegration in a Single‐equation Framework2,313 cited
  • 1957A Model of Economic Growth2,125 cited
  • 1955Alternative Theories of Distribution2,124 cited
  • 2000Maximizing shareholder value: a new ideology for corporate governance1,970 cited
  • 1961Capital Accumulation and Economic Growth1,824 cited

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  • 2010The Accumulation of Capital1,348 cited
  • Cited by

    • 2016Determinants of labour’s income share in the era of financialisation133 cited
    • 2017FINANCIALIZATION AND INVESTMENT: A SURVEY OF THE EMPIRICAL LITERATURE132 cited
    • 2009Post-Keynesian Theories of the Firm under Financialization113 cited
    • 2010‘Financialisation’ in Post-Keynesian Models of Distribution and Growth: A Systematic Review111 cited
    • 2020Welfare models and demand-led growth regimes before and after the financial and economic crisis108 cited
    • 2018The role of intangible assets in explaining the investment–profit puzzle96 cited
    • 2010Financialisation and Rising Shareholder Power in Kaleckian/Post-Kaleckian Models of Distribution and Growth91 cited
    • 2019The financialization of the non‐financial corporation. A critique to the financial turn of accumulation hypothesis88 cited
    • 2011Goodwin or Kalecki in Demand? Functional Income Distribution and Aggregate Demand in the Short Run87 cited
    • 2011Interest rates, distribution and capital accumulation – A post-Kaleckian perspective on the US and Germany86 cited
    • 2021Global secular stagnation and the rise of intellectual property monopoly85 cited
    • 2009SHAREHOLDER VALUE ORIENTATION, DISTRIBUTION AND GROWTH-SHORT- AND MEDIUM-RUN EFFECTS IN A KALECKIAN MODEL83 cited
    • 2017Financialisation and Real Investment in the European Union: Beneficial or Prejudicial Effects?82 cited
    • 2016Rethinking the Financialisation of Non-Financial Corporations: A Reappraisal of US Empirical Data78 cited
    • 2019Labour share decline, financialisation and structural change76 cited
    • 2019Financialisation and tendencies towards stagnation: the role of macroeconomic regime changes in the course of and after the financial and economic crisis 2007–0970 cited