The Price of Capital Goods : A Driver of Investment Under Threat /

Over the past three decades, the price of machinery and equipment fell dramatically relative to other prices in advanced and emerging market and developing economies. Using cross-country and sectoral data, we show that the decline in the relative price of tangible tradable capital goods provided a s...

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Hlavní autor: Lian, Weicheng
Další autoři: Novta, Natalija, Pugacheva, Evgenia, Timmer, Yannick
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2019.
Edice:IMF Working Papers; Working Paper ; No. 2019/134
On-line přístup:Full text available on IMF