Twine, Edgar E.; Kiiza, Barnabas; Bashaasha, Bernard - In: African Journal of Agricultural and Resource Economics 10 (2015) 1
The study uses the flexible accelerator model to examine determinants of the level and growth of investment in machinery and equipment for a sample of tea-processing firms in Uganda. Using a dynamic panel data model, we find that, in the long run, the level of investment in machinery and...