Skip to main content

Research Repository

Advanced Search

Outputs (4)

Profitability, Capacity and Uncertainty: A Model of UK Manufacturing Investment (2005)
Journal Article
Driver, C., Temple, P., & Urga, G. (2005). Profitability, Capacity and Uncertainty: A Model of UK Manufacturing Investment. Oxford Economic Papers, 57(1), 120-141. https://doi.org/10.1093/oep/gpi001

Standard models fail to explain variation in UK capital investment. This paper develops and tests a new theory based on the insights of Edmond Malinvaud, in which investment under uncertainty is adjusted to balance the cost of excess and deficient ca... Read More about Profitability, Capacity and Uncertainty: A Model of UK Manufacturing Investment.

Capacity utilisation and corporate restructuring: a comparative study of the US, UK and other EU countries (2005)
Journal Article
Driver, C., & Shepherd, D. (2005). Capacity utilisation and corporate restructuring: a comparative study of the US, UK and other EU countries. Cambridge Journal of Economics, 29(1), 119-140. https://doi.org/10.1093/cje/bei002

This paper compares and contrasts capacity utilisation in the manufacturing sectors of the US, UK and other EU countries over three decades. It argues that corporate governance and the pressures of globalisation have led to a tighter capacity stance... Read More about Capacity utilisation and corporate restructuring: a comparative study of the US, UK and other EU countries.