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Forecasting Manufacturing Investment—Some Preliminary Results

Published online by Cambridge University Press:  26 March 2020

A. R. Nobay
A. R. Nobay*
Affiliation:
National Institute
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Extract

This article reports on some results obtained in the course of developing equations to explain, and predict, the behaviour of private manufacturing investment.

Apart from their analytical value, the estimation of formal relationships explaining investment provides a useful supplement for forecasting purposes to the information given by investment intentions surveys such as those carried out by the Board of Trade or the Confederation of British Industry; and for purposes of exploring variants of the main forecast, some formal investment relationships are of course indispensable.

Type
Articles
Information
National Institute Economic Review , Volume 52 , May 1970 , pp. 58 - 66
Copyright
Copyright © 1970 National Institute of Economic and Social Research

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