positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective. …

several kinds. This paper analyzes the structural effects of investment subsidization as one of the core policy instruments by … means of an error-correction model of factor demand and output. It intends to find out whether investment subsidization …

While the recent increase in foreign direct investment (FDI) to African countries is a welcome development, the … the impact of FDI on development is through its effects on domestic factor markets, especially domestic investment and … employment. In this context, this study analyses the two-way linkages between FDI and domestic investment in Sub-Saharan Africa …