role of rising rates of investment. Because labor reallocation across sectors, TFP growth at the sector level and … investment are all inter-related, simple growth decompositions that are often used in the literature are not appropriate for … continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …

This study examines the relationship between the corporate investment and liquidity constraints of non-financial sector … of Nepalese enterprises. The study derives a theoretical investment-liquidity constraint model to test the hypothesis … that the investment decisions of more financially constrained firm will be more sensitive to their internal funds as …

Low investment rates are a puzzling phenomenon particularly in transition economies with an urgent need for … modernisation. The literature offers two alternative explanations: imperfect capital markets and investment reluctance due to real … real option effects may lead to erroneous conclusions in the context of empirical investment equations …