Investment, Tobin's Q, and Multiple Capital Inputs
收藏NBER1986-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2033
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资源简介：
Despite their solid theoretical basis, models of business investment based on Tobin's Q theory have recorded a generally disappointing empirical performance. This paper examines one possible source of misspecification. When the firm's technology is expanded to include two or more capital inputs, the
提供机构：
美国国家经济研究局
创建时间：
1986-10-01
