Investment behaviour and market imperfections with an application to the Finnish corporate sector

CHAPTER I
INTRODUCTION 9

PART 1 THEORETICAL ANALYSIS OF INVESTMENT BEHAVIOUR UNDER VARIOUS MARKET IMPERFECTIONS 19

CHAPTER II
THE EFFECT OF INFLATION, TAX RULES AND THE DEBT-CAPITAL RATIO ON THE DEMAND FOR CAPITAL 19

CHAPTER III
THE EFFECTS OF DEMAND CONDITIONS ON THE DYNAMICS OF INVESTMENT BEHAVIOUR 52

CHAPTER IV
INVESTMENT BEHAVIOUR AND IMPERFECTIONS IN THE CAPITAL MARKET: SOME FURTHER RESULTS 94

PART 2 EMPIRICAL ANALYSIS OF THE INVESTMENT BEHAVIOUR OF FINNISH FIRMS 146

CHAPTER V
SPECIFICATION OF THE EMPIRICAL INVESTMENT EQUATIONS 146

CHAPTER VI
DESCRIPTION OF DATA AND EMPIRICAL RESULTS OF ANNUAL INVESTMENT EQUATIONS 187

CHAPTER VII
EMPIRICAL RESULTS OF QUARTERLY INVESTMENT EQUATIONS 232

CHAPTER VIII
CONCLUDING REMARKS 277