Journal ArticleDOI
Energy as a determinant of investment behaviour
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In this article, the authors present an econometric examination of the role of energy prices in US investment activity and find that the price of energy is an important factor in adequately explaining investment decisions and that its importance is likely to grow.About:
This article is published in Energy Economics.The article was published on 1980-07-01. It has received 15 citations till now. The article focuses on the topics: Investment decisions & Investment (macroeconomics).read more
Citations
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The effect of oil price volatility on strategic investment
Irene Henriques,Perry Sadorsky +1 more
TL;DR: In this article, the authors investigate how oil price volatility affects the strategic investment decisions of a large panel of US firms and show that there is a U-shaped relationship between price volatility and firm investment.
Journal ArticleDOI
Crude oil price uncertainty and corporate investment: new global evidence
TL;DR: In this article, the authors show that crude oil price uncertainty negatively influences corporate investment and that the effect is dependent on the market and stock characteristics of the firms, and they find that the effects are stronger in the crude oil producers group than for crude consumers.
Journal ArticleDOI
Economic policy uncertainty, oil price shocks and corporate investment: Evidence from the oil industry
TL;DR: This paper investigated the impact of oil price uncertainty and economic policy uncertainty (EPU) on corporate investment using a global sample of 4017 firms from the oil sector from 1991 to 2017.
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Effects of energy price rise on investment: Firm level evidence from Indian manufacturing sector
TL;DR: In this paper, the effects of the rising prices of energy products on the investment of a large panel of manufacturing firms in India during 1993-2013 were analyzed using an error correction model (ECM) using Generalized Method of Moments (GMM).
Journal ArticleDOI
Is crude oil price detrimental to domestic private investment for an emerging economy? The role of public sector investment and financial sector development in an era of globalization
TL;DR: In this paper, the authors examined the impact of international price of crude oil on private investment in India by endogenizing public sector investment, real interest rate, financial sector development, economic growth and economic globalization as other additional key determinants in a private investment model.
References
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Journal ArticleDOI
Application of Least Squares Regression to Relationships Containing Auto-Correlated Error Terms
D. Cochrane,G. H. Orcutt +1 more
TL;DR: Evidence is presented showing that the error terms involved in most current formulations of economic relations are highly positively autocorrelated and it is demonstrated that when estimates of autoregressive properties of error terms are based on calculated residuals there is a large bias towards randomness.
Posted Content
Econometric Studies of Investment Behavior: A Review
TL;DR: A review of econometric studies of investment in fixed capital can be found in this paper, where the focus is on the time structure of the investment process and the desired level of capital is determined by long-run considerations.
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U.S. Energy Policy and Economic Growth, 1975-2000
Dale W. Jorgenson,E.A. Hudson +1 more
TL;DR: In this article, the authors present a new approach to the quantitative analysis of U.S. energy policy, based on an integration of econometric modeling and input-output analysis.