The Embodiment of Intangible Investment Goods : a Q-Theory Approach

a Q-Theory Approach

The Embodiment of Intangible Investment Goods : a Q-Theory Approach
This paper extends the q-theory of investment to model explicitly the decision of firms to invest in intangibles and measures the contribution of intangible goods to the overall capital stock in the U.S. The model highlights the embodiment of intangible goods in tangibles and the role of relative price movements in the measurement of the... READ MORE...

Publication date: April 2010
ISBN 9781451982626
$18.00

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