The Facts About Time : To-Build /

This paper presents new empirical evidence about the process of plant investment. Using newspaper and trade journal articles, the author collects and analyzes time-to-build data for a sample of Compustat firms. These data suggest that the average construction lead time for new plants is around two y...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Koeva Brooks, Petya
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2000.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2000/138
Online Zugang:Full text available on IMF
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245 1 4 |a The Facts About Time :   |b To-Build /  |c Petya Koeva Brooks. 
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300 |a 1 online resource (22 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper presents new empirical evidence about the process of plant investment. Using newspaper and trade journal articles, the author collects and analyzes time-to-build data for a sample of Compustat firms. These data suggest that the average construction lead time for new plants is around two years in most industries. Business cycle fluctuations do not affect the length of time-to-build. The investment lead times are generally not sensitive to the size of the projects. Only nine percent of the firms in the sample deviate from their investment schedules and delay or abandon their projects. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 2000/138 
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