The Firm Decision Process: An Econometric Investigation

Abstract

I. A general formulation of the model, 59. — II. The choice of dependent variables, 61. — III. The capital investment equation, 64. — IV. The R & D equation, 71. — V. The advertising equation, 74. — VI. The dividends equation, 75. — VII. An appraisal of the model, 77. — VIII. Policy implications of the results, 81. — IX. Conclusion, 84. — Appendix, 84.