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D’une analyse de variabilités à un modèle d’investissement des firmes

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  • Forest, Danielle

    (Université du Québec à Montréal)

  • Gouriéroux, Christian

    (CREST-CEPREMAP)

  • Salvas-Bronsard, Lise

    (Université de Montréal)

Abstract

We introduce a general to specific approach suitable for panel data. We are led to perform singular value decompositions based on a multivariate variance analysis equation, in which the individual and time effects are explicitely taken into account. This methodology is applied to the analysis of liquidity constraints as a determinant of corporate investment in Canada. Nous introduisons une approche du général au spécifique adaptée à des données de panel. Ceci conduit à considérer des décompositions en valeurs singulières menées à partir d’équations d’analyse de la variance multivariées faisant apparaître les effets individuels et temporels. Nous utilisons cette méthodologie pour analyser la présence de contraintes de liquidité comme déterminant de l’investissement des firmes canadiennes.

Suggested Citation

  • Forest, Danielle & Gouriéroux, Christian & Salvas-Bronsard, Lise, 1997. "D’une analyse de variabilités à un modèle d’investissement des firmes," L'Actualité Economique, Société Canadienne de Science Economique, vol. 73(1), pages 331-350, mars-juin.
    • Handle: RePEc:ris:actuec:v:73:y:1997:i:1:p:331-350
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