연구정보
Profitability and Investment: Evidence from India’s Organized Manufacturing Sector
인도ㆍ남아시아 일반 국외연구자료 기타 Deepankar Basu, Debarshi Das PERI 발간일 : 2015-09-01 등록일 : 2015-09-18 원문링크
Summary: Using a state-industry panel data set at the 3 digit national industrial classification (NIC) level of disaggregation for 19 major Indian states over the period 1983-84 to 2007-08, we analyze the contemporaneous and long run impacts of the rate of profit and its components – profit share, capacity utilization rate, and capacity-capital ratio – on investment. Our results show that: (a) the rate of profit has both short and long run positive impacts on investment; (b) the profit share and capacity-capital ratio have only long run positive impacts, and the capacity utilization rate has only a contemporaneous positive impact on investment.
�����������������������������������������������������������������������������������������������
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
