Estimation of Tobin’s Q Investment Function with Financial Frictions
The estimation of Tobin’s Q Investment function is the aim of the present paper. One of the most important challenges of investment for a firm is finance. In the real world, since there is no perfect capital market, the costs of financing through internal and external resources are not equal and fri...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
| Published: |
Tarbiat Modares University
2013-07-01
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| Series: | پژوهشهای اقتصادی |
| Subjects: | |
| Online Access: | http://ecor.modares.ac.ir/article-18-9459-en.pdf |