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Sectoral fluctuations in U.K. firms' investment expenditures

Author

Listed:
  • Christopher Baum

    (Boston College)

  • Neslihan Ozkan

    (University of Liverpool)

  • Mustafa Caglayan

    (University of Liverpool)

Abstract

In this paper, employing VAR and factor analytic models with quarterly U.K. sectoral business investment data, we show that both common and sector-specific shocks play important roles in explaining business investment fluctuations.

Suggested Citation

  • Christopher Baum & Neslihan Ozkan & Mustafa Caglayan, 2003. "Sectoral fluctuations in U.K. firms' investment expenditures," Economics Bulletin, AccessEcon, vol. 5(13), pages 1-10.
    • Handle: RePEc:ebl:ecbull:eb-03e20002
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    References listed on IDEAS

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    2. Gallegati, M. & Palestrini, A., 2010. "The complex behavior of firms' size dynamics," Journal of Economic Behavior & Organization, Elsevier, vol. 75(1), pages 69-76, July.

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    More about this item

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables

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