The paradox of investment: A contribution to the theory of demand-led economic growth
This paper has two purposes. The first is to argue that aggregate investment may be subject to the following paradox. A rise in investment decided by firms to correct overutilization of their production capacity may generate less capacity than demand — and hence cause a paradoxical rise in overutili...
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| Formato: | article |
| Idioma: | eng |
| Publicado em: |
2022
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| Texto completo: | http://hdl.handle.net/10071/26088 |
| País: | Portugal |
| Oai: | oai:repositorio.iscte-iul.pt:10071/26088 |