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| Christopher Baum, Neslihan Ozkan and Mustafa Caglayan |
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| ''Sectoral fluctuations in U.K. firms' investment expenditures'' |
| ( 2003, Vol. 5 No.13 ) |
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| In this paper, employing VAR and factor analytic models with quarterly U.K. sectoral business investment data, we show that both common and sector-specific shocks play important roles in explaining business investment fluctuations. |
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| Keywords: |
JEL: E2 - Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data)
C2 - Single Equation Models; Single Variables: General |
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| Manuscript Received : Jun 16 2003 | | Manuscript Accepted : Jul 21 2003 |
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