Capital Budgeting, Uncertainty, and Misallocation - Source Files

Published: 3 January 2024| Version 2 | DOI: 10.17632/y48ztkjpgy.2
Contributors:
, Yosuke Kimura,
,

Description

Source files for "Capital Budgeting, Misallocation, and Uncertainty". We have two sets of code/files: 1. On site code files to process Ministry of Finance (MoF) data, along with accompanying pseudo-data 2. MATLAB code that may be run anywhere and will produce numbers from our paper. We also provide an extensive readme, inclusive of a data dictionary, instructions for data access, and documentation for our code files.

Files

Steps to reproduce

Per the readme 1. Obtain permission from the MoF, go to Japan 2. Reconfigure the data received so as to match our data structure 3. Run the R files on site (step0, step1, step2) - modified as necessary 4. Retrieve parameters from the above step. Modify the Excel input file (calibration moments) that feeds into the MATLAB code and run it.

Categories

Corporate Finance, Information Economics, Corporate Investment, Japan, Structural Economic Models

Funding

Hong Kong Government

T35/710/20R

Hong Kong Government

G7105-20G

Ministry of Education - Singapore

A-8000760-00-00

Licence