+612 9045 4394
 
CHECKOUT
Investment, Growth and Employment : Perspectives for Policy - Ciaran Driver

Investment, Growth and Employment

Perspectives for Policy

By: Ciaran Driver (Editor), Paul Temple (Editor)

Paperback Published: 16th September 1999
ISBN: 9780415197809
Number Of Pages: 384

Share This Book:

Paperback

$189.80
or 4 easy payments of $47.45 with Learn more
Ships in 10 to 15 business days

Investment - in both facilities and know-how - is essential for growth. Economists try to understand the forces that determine investment, but investment behaviour is unruly; often the term animal spirits is used to explain the resulting volatility. This volume presents studies to explain international investment behaviour and assess its impact on growth and jobs. The authors also examine policy measures to reverse the climate of low investment that has characterised recent decades.
The contributors examine how well standard models of investment work, the role of finance constraints, the effect of risk and uncertainty, the impact of alternative forms of corporate governance, the forces shaping the adoption of new technology, the impact of foreign direct investment, the effect of investment on the NAIRU and the causal structure of investment and growth. Editors introductions to the different sections of the book provide comprehensive overviews of the main theories of investment, the impact of investment on growth and employment and examine the main questions raised for policy makers.

List of figures
List of tables
List of contributors
Preface
Acknowledgements
The determinants of investmentp. 1
Overview: a survey of recent issues in investment theoryp. 3
Finance, profitability and investment in manufacturingp. 29
Credit rationing versus consolidation of financial structurep. 51
Investment, uncertainty and industry structurep. 78
Corporate governance, investment and economic performancep. 106
Uncertainty, macroeconomic volatility and investment in new technologyp. 136
The consequences of investmentp. 161
Overview: investment, feedback and spilloverp. 163
Components of investment and growthp. 182
Foreign direct investment, innovation and economic growth within Europep. 199
Investment, growth and unemployment: modelling the supply side of the UK economyp. 221
The policy lessonsp. 249
Overview: a survey of key policy issuesp. 251
Supply constraints and inflationp. 266
Long-run effects of investment incentivesp. 292
Investment policy and the employers' perspectivep. 301
The capacity to tackle unemploymentp. 309
The UK's investment problemp. 316
Investment and capital productivity in Europe and the USp. 329
Indexp. 343
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9780415197809
ISBN-10: 0415197805
Audience: Tertiary; University or College
Format: Paperback
Language: English
Number Of Pages: 384
Published: 16th September 1999
Country of Publication: GB
Dimensions (cm): 23.39 x 15.6  x 1.98
Weight (kg): 0.53
Edition Number: 1