[求助]跪求一篇英文论文The determinants of fixed investment over the business cycle: Some t [推广有奖]

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nevin 发表于 2009-5-25 14:56:00 |AI写论文

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跪求一篇英文论文，我在学校sd数据库和ebsco等找到但是不能下载，继续点击下载，下面出现要付钱$30，求教各位大侠能否赐教！！

The determinants of fixed investment over the business cycle: Some time series evidence ^*1

This article is not included in your organization's subscription. However, you may be able to access this article under your organization's agreement with Elsevier.

Dewan A. Abdullah and Frederick E. Tank

Eastern Michigan University, Ypislanti, Michigan, USA

University of Toledo, Toledo, Ohio, USA

Available online 25 August 2004.

Abstract

This paper employs a nine-variable vector autoregressive model to explain fluctuations in nonresidential fixed investment over the postwar business cycle. The results of Granger causality tests and Sims' innovations accounting do not support the Keynesian view that nonresidential fixed investment contains a large autonomous component. We, however, find that nonresidential structure is relatively more exogenous than producers durable equipment, and the latter drives investment in the former. The results further indicate relative prices; interest rates and the accelerator are among the important predictors of both producers durable equipment and nonresidential structure. Changes in the money supply are found to have a significant influence on investment while the effects of fiscal expenditures and government debt are weak