RDP 8501: Neoclassical Theory and Australian Business Investment: A Reappraisal
Equation
Δw
K
=
−
0.0003
(
−
1.68
)
+
0.2415
(
5.37
)
Δ
(
py
/
x
K
)
−
0.2869
(
−
3.09
)
Δw
K
(
−
1
)
R
¯
2
=
0.3428
DW
=
1.87
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