English, Article, Journal or magazine article edition: Does Demand and Price Uncertainty affect Belgian and Spanish Corporate Investment? Marga PEETERS

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Bookmark: http://trove.nla.gov.au/version/4590
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Does Demand and Price Uncertainty affect Belgian and Spanish Corporate Investment?
Author
  • Marga PEETERS
Physical Description
  • preprint
Notes
  • This paper investigates erapirically the influence of uncertainty on corporate investment. Uncertainty of demand, output prices and investment prices are measured by the standard deviation of (pre-)filtered Belgian (1984-1992) and Spanish (1983-1993) panel data, and included as explanatory variables in the investment equations derived from a neo-classical model with financial constraints. GMM-results indicate that investment behaviour towards output price uncertainty differs significantly in conjecture with a firm's size and leverage.
  • Investment, uncertainty, financial factors
  • RePEc:ctl:louvre:2001031
Language
  • English
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