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- W3124828646 abstract "Summary This paper investigates empirically the influence of uncertainty on corporate investment. Uncertainty of demand, output prices and investment prices are measured by the standard deviation of (pre-)filtered Belgian (1984-1992) and Spanish (1983-1993) panel data, and included as explanatory variables in the investment equations derived from a neo-classical model with financial constraints. GMM-results indicate that investment behaviour towards output price uncertainty differs significantly in conjecture with a firm’s size and leverage." @default.
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- W3124828646 date "2001-01-01" @default.
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- W3124828646 title "Does Demand and Price Uncertainty affect Belgian and Spanish Corporate Investment?" @default.
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- W3124828646 doi "https://doi.org/10.1017/s0770451800004334" @default.
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