Aggregate Investment Function
Thispaperattemptsto formulatetheAggregateInvestmentFunction.Inthispaperthe empiricaldatahasnotbeenfittedintoanyonetheoreticalstraightjacket.Itindentifiesthe majorfactorsthatdetermine investment,whichhave beentakenfromdifferenttheoriesof investment.The threemajortheoriesexaminedhereareKeynes’ theory,the Accelerator Model and the Neo-Classical TheoryofInvestment.
Thispaperattemptsto formulatetheAggregateInvestmentFunction.Inthispaperthe empiricaldatahasnotbeenfittedintoanyonetheoreticalstraightjacket.Itindentifiesthe majorfactorsthatdetermine investment,whichhave beentakenfromdifferenttheoriesof investment.The threemajortheoriesexaminedhereareKeynes’ theory,the Accelerator Model and the Neo-Classical TheoryofInvestment.
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