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Leon Podkaminer
The decline in investment shares is not caused by falling relative prices of capital: a note
Empirica, 2019, 46(2), S.369-380,
Secularly declining GDP investment shares are often explained by the widespread fall in the relative price of investment goods. Granger non-causality tests applied to longer-term time series for a large number of industrial countries tend to reject that explanation.
Forschungsbereich:Industrieökonomie, Innovation und internationaler Wettbewerb

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