Abstract
It has been clear from the earlier chapters that survey evidence on the effect of leasing and other incentives is inconclusive but, on balance, indicates the existence of effects on the quantity and timing of investment. Econometric evidence on investment incentives is similarly mixed. However, it is unanimous in indicating some effect. The debate is over its size and consequently over its efficiency. None of the econometric evidence relates directly to leasing and as a consequence we need to undertake an analysis of our own.
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Notes
Britton A. (1986), ‘Can Fiscal Expansion Cut Unemployment?’, National Institute Economic Review, no. 115, February, pp. 83–99.
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© 1988 David G. Mayes and Clive S. Nicholas
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Mayes, D.G., Nicholas, C.S. (1988). Econometric Evidence. In: The Economic Impact of Leasing. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-09523-0_6
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DOI: https://doi.org/10.1007/978-1-349-09523-0_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-09525-4
Online ISBN: 978-1-349-09523-0
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