search query: @indexterm FOREIGN TRADE / total: 210
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| Author: | Courbis, R. |
| Title: | Relance des investissements et contrainte exterieure. |
| Journal: | Revue d'Economie Industrielle
1987 : APR-JUN, 40-41, p. 70-80 |
| Index terms: | ECONOMY FRANCE INVESTMENT ECONOMETRIC MODELS FOREIGN TRADE |
| Language: | fre |
| Abstract: | Insufficient investments in France after the first oil shock have led to the weakness of supply, affecting both exports and growth. The necessary revival of investments at the enterprises' level raises short- and long-term problems, as is shown in an econometric model of the contemporary French economy (the PROTEE model). The stimulation of investments increases capital accumulation and supply, but is deteriorating, in the short run, the trade balance, which is improving only in the long run. Thus accompanying measures have to be taken aiming at reducing domestic demand, including that of the enterprises. |
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