The Price of Capital Goods : A Driver of Investment Under Threat /

Over the past three decades, the price of machinery and equipment fell dramatically relative to other prices in advanced and emerging market and developing economies. Using cross-country and sectoral data, we show that the decline in the relative price of tangible tradable capital goods provided a s...

Полное описание

Библиографические подробности
Главный автор: Lian, Weicheng
Другие авторы: Novta, Natalija, Pugacheva, Evgenia, Timmer, Yannick
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2019.
Серии:IMF Working Papers; Working Paper ; No. 2019/134
Online-ссылка:Full text available on IMF