Evolution of global investment
Real gross investment
Net investment and capital stock growth have been weak following the crisis
Global fixed capital investment has shifted to emerging market economies
FDI flows are increasingly to non-OECD countries
The location of greenfield FDI projects
Investment by the foreign affiliates of US and Japanese companies
Domestic tangible capital investment by foreign-owned firms
Changing sectoral composition has affected aggregate investment intensity
Intangibles account for a significant share of investment in most OECD countries
Intangible investment remained strong throughout the crisis
The composition of gross investment shortfalls differs across countries
Global capital spending departure from average for OECD listed companies
Infrastructure investment has been weak across the OECD
A simple accelerator model of business investment
Investment ratios are below benchmark steady-state estimates in most OECD economies
BIAC Business Climate Survey: Constraints on capital spending
The user cost of capital has declined over time
Bank lending rates have declined but spreads have risen
Credit standards tightened significantly in 2008-09
Financial factors have constrained investment in recent years
Non-financial corporations' gross bond issuance has recovered
Growth in real corporate profits has been solid in the United States but weaker elsewhere
The implied volatility of share prices has moderated
Measures of policy uncertainty have fallen but remain elevated
Regulatory and taxation issues appear to have added to uncertainty in the United States
Product market regulation has fallen in some but not all countries
Public investment has declined the most in countries with high fiscal consolidation
High levels of fiscal consolidation are associated with larger gross infrastructure investment shortfalls
More than half of generated value lies downstream of module production
The composition of investment shortfalls differs across countries
Gross investment levels remain weak across OECD countries
The long- and short-term drivers of business capital stock
Significant changes have occurred in non-financial corporate balance sheets since the crisis began
Changes in public spending on health and pensions for selected OECD countries
FDI determinants
Global capital spending shortfalls of OECD listed companies
The long-run drivers of the capital stock: panel unit root and cointegration tests
The long-run drivers of the capital stock: coefficient estimates
The short-run drivers of the capital stock: coefficient estimates
The determinants of aggregate corporate capital spending in infrastructure sector
FDI determinants: baseline results
FDI determinants: robustness check with time varying fixed effects