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Irreversibility of R\&D investment and the adverse effect of uncertainty: Evidence from the OECD countries

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Publication:5941030
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DOI10.1016/S0165-1765(01)00372-XzbMath0981.91034OpenAlexW1968129849MaRDI QIDQ5941030

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Publication date: 20 August 2001

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1765(01)00372-x


zbMATH Keywords

uncertaintyirreversibility of investmentR\&D outlays


Mathematics Subject Classification ID

Economic models of real-world systems (e.g., electricity markets, etc.) (91B74)


Related Items (1)

Inflation anchoring and growth: the role of credit constraints




Cites Work

  • Some Further Results on the Use of OLS and BLUS Residuals in Specification Error Tests
  • Options, the Value of Capital, and Investment




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