Notes: URAP Project 3: Fall 2005: Analyzing the Cyclical State of the Labor Market
Notes: URAP Project 6: Fall 2005: Long-Run World GDP Estimates

Notes: URAP Project 4: Fall 2005: Equipment Investment and Economic Growth

It's time to update

J. Bradford DeLong and Lawrence H. Summers (1991), "Equipment Investment and Economic Growth," Quarterly Journal of Economics 106:2 (May), pp. 445-502 http://links.jstor.org/sici?sici=0033-5533%28199105%29106%3A2%3C445%3AEIAEG%3E2.0.CO%3B2-A.

That paper was written in 1989-90, using data from 1960-1985. Twenty years have passed since then. Is the relationship between equipment investment and economic growth still strong in the data since 1985? And what does post-1985 history have to tell us about what is driving this correlation?

For this URAP, some statistical sophistication would be very helpful...

Comments