Oulton, Nicholas (1978) Explaining aggregate investment in Britain: the importance of Tobin's Q. Economics Letters, 1 (3). pp. 253-257. ISSN 0165-1765
Full text not available from this repository.Abstract
This note reports on work done in testing Tobin's 'Q' theory of investment on British data. Investment by industrial and commercial companies over 1960-1977 was studied. Q was found to be both significant and important, outperforming other plausible variables.
| Item Type: | Article |
|---|---|
| Official URL: | https://www.sciencedirect.com/journal/economics-le... |
| Additional Information: | © 1978 Elsevier B.V. |
| Divisions: | LSE |
| Subjects: | H Social Sciences > HG Finance H Social Sciences > HB Economic Theory |
| Date Deposited: | 11 Nov 2020 02:04 |
| Last Modified: | 09 May 2024 17:09 |
| URI: | http://eprints.lse.ac.uk/id/eprint/107412 |
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