This paper extends the model of Fielding (1999), which is designed to explain changes in investment in South Africa … the political factors, but these factors do explain some of the variation in investment over time. …

industry and that the link between past profitability and current investment is weak in Africa.  Low investment despite high … while returns to invested capital in Sub-Saharan Africa are high compared to select Asian and South American markets …, investment rates are low.  I investigate three sources: detailed World Bank surveys of 6,500 manufacturing firms, a new panel …

matter for efficiency, investment and growth. With all land state-owned, the threat of land redistribution never appears far … and tenure insecurity affect household investment decisions, focusing on trees and shrubs. The panel data estimates … suggest that limited perceive transfer rights, and the threat of expropriation, negatively affects the long-term investment in …

, in particular related to land, are of crucial importance for investment and growth. In Ethiopia, with all land state … time, this study investigates whether land rights affect household investment decisions, focusing on land allocation to … estimates suggest a robust, causal negative impact of transfer rights on long-term investment in Ethiopian agriculture …

conditional correlation between trade openness and GDP per head growth - though openness has a positive link via investment. The …

seeking medical attention.  We infer that expenditure on female health if viewed as an important investment in household … an alternative narrative to the 'investment motive' hypothesis traditionally employed to explain differential allocation …

use the KwaZulu-Natal Income Dynamics Study data from South Africa, which show extremely large average earnings …

, China and South Africa, towards labour shortage and generally rising labour real incomes. In the acuteness of their rural … until recently taking only a disguised form - is moving rapidly in the direction of labour scarcity, South Africa - which …