Showing 1 - 10 of 14,267
This paper investigates the gross investment behavior in a panel of 97 developing countries spanning a period between … heterogeneity and endogeneity of regressors. The results suggest that investment decisions still seem to be significantly affected … potentially affect investment which calls for developing country's measures to ensure proper utilization of it. However, we failed …
Persistent link: https://www.econbiz.de/10011213230
Whether or not the marginal product of capital (MPK) differs across countries is a question that keeps coming up in discussions of comparative economic development and patterns of capital flows. We use easily accessible macroeconomic data to shed light on this issue, and find that MPKs are...
Persistent link: https://www.econbiz.de/10010928591
The downturn in fixed investment among advanced economies from the onset of the global crisis was unusually severe …, widespread and long-lasting relative to comparable episodes in the past. As a result, investment gaps are large in many countries … points of GDP or more in several countries. A significant proportion of this investment shortfall is attributable to soft …
Persistent link: https://www.econbiz.de/10011276786
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
We construct a time-series model of investment in Israel that incorporates both traditional economic factors derived …. This is used to estimate the extent to which the Intifada has depressed Israeli investment and the size of the …
Persistent link: https://www.econbiz.de/10005385034
investment equation splitting up the sample between exporters and non-exporters. Using three alternative econometric models … literature, exporting firms are the ones facing larger financial constraints on investment. We propose an explanation for this …, particularly in Argentina, which triggers a profit squeeze phenomenon for exportable firms, reducing their investment capacity. …
Persistent link: https://www.econbiz.de/10005082701
Low investment rates are limiting Brazil’s future potential growth rate. This paper analyses a number of potential … reasons for these low investment rates and discusses policy options to achieve faster capital accumulation. A shortage of … domestic saving appears to be a major constraint to higher investment rates in Brazil. Due to high levels of current …
Persistent link: https://www.econbiz.de/10009350673
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. …
Persistent link: https://www.econbiz.de/10009642643
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. …
Persistent link: https://www.econbiz.de/10010604925
This paper studies the impact of remittances on investment. Workers’ remittances to developing countries have grown to … investment in the home countries of the migrants. The importance of financial and institutional framework in the receiving … institutional framework and well developed credit market increase investment. However, it is also found that the marginal importance …
Persistent link: https://www.econbiz.de/10008626057