This paper extends recent work by Feldstein and Horioka (1980) and Bayoumi (1990), and examines saving-investment … non-EMS countries. It is seen that the EMS countries exhibit much lower saving-investment correlations than their non …

This paper examines the behavior of business fixed investment in the United States in the 1980s. A background … discussion of the long-term behavior of the components of business fixed investment is provided, setting the context for the … empirical analysis. A standard neoclassical model of business fixed investment is specified and estimated, with output and the …

light on the implications of tax parameters - including targeted tax incentives - on investment returns and help understand … the implications of reform for expected investment outcomes. The document presents two tools for assessing the …

This paper analyzes the effects of several policy and other macro-economic variables on the ratio of private investment … econometric evidence indicates that the rate of private investment is positively related to the real growth rate of GDP, public … sector investment, and to a lesser extent the level of per capita GDP, while it is negatively related to domestic inflation …

Despite the growing support for market-oriented strategies, and for a greater role of private investment, empirical … growth models for developing countries typically make no distinction between the private and public components of investment … public sector and private sector investment. This model is estimated for a cross - section sample of 24 developing countries …

This paper identifies tax factors in 21 developing countries that have an impact on foreign direct investment flows. It … for further possibilities in tax reform for attracting foreign investment. The paper also addresses nontax factors that … can be instrumental in attracting foreign investment …

include increased private investment. But this would, in turn, tend to create conditions in which it would then be optimal for …