The Embodiment of Intangible Investment Goods : A Q-Theory Approach /

This paper extends the q-theory of investment to model explicitly the decision of firms to invest in intangibles and measures the contribution of intangible goods to the overall capital stock in the U.S. The model highlights the embodiment of intangible goods in tangibles and the role of relative pr...

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Detalhes bibliográficos
Autor principal: Belhocine, Nazim
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2010.
Colecção:IMF Working Papers; Working Paper ; No. 2010/086
Acesso em linha:Full text available on IMF