Import Competition and the Stock Market Return to Capital
收藏NBER1987-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w2420
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资源简介:
We measure the responsiveness of returns to capital invested in six U.S. industries to shocks to the prices of competing import goods. Recognizing that most capital services are not traded on spot rental markets, we treat the intersectoral mobility of capital as the outgrowth of investment behavior.
提供机构:
美国国家经济研究局
创建时间:
1987-10-01



