the Q Theory of Investment

Share:

Description

yearly observations of 188 from 1951 to 1985

number of observations : 6580

economic topic : macroeconomics

econometrics topic : error component

Usage

1

Format

A dataframe containing :

cusip

compustat's identifying number

year

year

isic

sic industry classification

ikb

investment divided by capital : broad definition

ikn

investment divided by capital : narrow definition

qb

tobin's Q : broad definition

qn

tobin's Q : narrow definition

kstock

capital stock

ikicb

investment divided by capital with imperfect competition : broad definition

ikicn

investment divided by capital with imperfect competition : narrow definition

omphi

one minus phi (see the article p. 320)

qicb

tobin's Q with imperfect competition : broad definition

qicn

tobin's Q with imperfect competition : narrow definition

sb

s (see equation 10 p. 320) : broad definition

sn

s (see equation 10 p. 320) : narrow definition

Source

Journal of Applied Econometrics data archive : http://jae.wiley.com/jae/.

References

Schaller, Huntley (1990) “A re-examination of the Q theory of investment using U.S. firm data”, Journal of Applied Econometrics, 5(4), 309–325.

See Also

Index.Economics, Index.Econometrics

Want to suggest features or report bugs for rdrr.io? Use the GitHub issue tracker.