Sectoral Investment Determination in a Developing Economy.

This article reports on attempts to estimate sectoral real physical capital investment functions from timeseries data for the developing economy of postwar Chile. In this article, the models of real physical capital investment behavior are utilized and presented. This models, both putty-putty and putty-clay, are explored in this article and the putty-putty models are further subdivided into two alternatives. The result in obtaining the estimates of real physical capital sectoral investment behavior in postwar Chile are discussed.