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- W2187202317 abstract "We turn now to analysis of investment realizations functions, beginning with the one-year ahead, or short run capital expenditure anticipations,based upon McGraw-Hill data over the fourteen year period, 1955-68. The picture to emerge is one of considerable forecasting inaccuracy for individual firm observations but substantial if varying accuracy in annual means or aggregates. For both individual firms and, a fortiori, for all firms of a given industry or a given year or both, the gap between actual capital expenditures and anticipations can be accounted for in part by changes in current sales, by the difference between current and anticipated sales. and by current and immediately past profits." @default.
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- W2187202317 date "1978-01-01" @default.
- W2187202317 modified "2023-09-25" @default.
- W2187202317 title "More on Capital Expenditure Anticipations" @default.
- W2187202317 doi "https://doi.org/10.1007/978-3-642-47465-1_11" @default.
- W2187202317 hasPublicationYear "1978" @default.
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