The Relation Between Firm Growth and Q with Multiple Capital Goods: Theory and Evidence from Panel Data on Japanese Firms
收藏NBER1990-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3326
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资源简介：
We derive from a model of investment with multiple capital goods a one-to-one relation between the growth rate of the capital aggregate and the stock market-based Q. We estimate the growth-Q relation using a panel of Japanese manufacturing firms taking into account the endogeneity of Q.
提供机构：
美国国家经济研究局
创建时间：
1990-04-01
