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...
| Main Author: | Lian, Weicheng |
|---|---|
| Other Authors: | Novta, Natalija, Pugacheva, Evgenia, Timmer, Yannick |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2019.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2019/134 |
| Online Access: | Full text available on IMF |
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