Routledge Dictionary of Economics, Second Edition
1 An addition to the stock of capital goods in the public or private sector over a given time period.
Gross investment includes both this net investment and the replacement investment to keep the stock intact. Theories of the determination of the volume of investment include the ACCELERATOR PRINCIPLE and MARGINAL EFFICIENCY OF CAPITAL APPROACHES.
2 The purchase of a FINANCIAL asset.
See also: capital theory; financial investment; human capital
References
Junanker, P.N. (1972) Investment: Theories and Evidence, London: Macmillan.
This is the complete article, containing 78 words
(approx. 1 page at 300 words per page).
View More Summaries on Investment
