Investment, markup and capacity utilization in Tunisia
Author
Source
Economic Research Forum : Working Paper Series
Issue
Vol. 2001, Issue 101-140 (31 Dec. 2001)13 p.
Publisher
Economic Research Forum for the Arab Countries Iran and Turkey
Publication Date
2001-12-31
Country of Publication
Egypt
No. of Pages
13
Main Subjects
Topics
Abstract EN
Using data from the Tunisian private manufacturing sector, a theory-consistent model of the investment behavior is estimated.
In this model, investment is entirely profit-driven where the profit variable is decomposed into three components : the markup rate on variable costs, the capacity utilization rate and the discrepancy between the optimal and the actual capital-labor ratios.
These three components can be related to the usual three determinants of investment : profitability, pressure of demand and relative factor costs respectively.
The interpretation of coefficients and the formulation are however different.
The econometric investigation demonstrates a clear and strong statistical relationship between investment expenditures and these three determinants.
American Psychological Association (APA)
Bin Jalil, Riyad. 2001. Investment, markup and capacity utilization in Tunisia. Economic Research Forum : Working Paper Series،Vol. 2001, no. 101-140.
https://search.emarefa.net/detail/BIM-151300
Modern Language Association (MLA)
Bin Jalil, Riyad. Investment, markup and capacity utilization in Tunisia. Economic Research Forum : Working Paper Series No. 101-140 (Dec. 2001).
https://search.emarefa.net/detail/BIM-151300
American Medical Association (AMA)
Bin Jalil, Riyad. Investment, markup and capacity utilization in Tunisia. Economic Research Forum : Working Paper Series. 2001. Vol. 2001, no. 101-140.
https://search.emarefa.net/detail/BIM-151300
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references.
Record ID
BIM-151300