Understanding Weak Capital Investment: the Role of Market Concentration and Intangibles
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下载链接：
https://www.nber.org/papers/w25869
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资源简介：
We document that the rise of factors such as software, intellectual property, brand, and innovative business processes, collectively known as intangible capital can explain much of the weakness in physical capital investment since 2000. Moreover, intangibles have distinct economic features compared
提供机构：
美国国家经济研究局
创建时间：
2019-05-01
