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on Kazakhstan using an economy-wide framework is limited as well. To the best of my knowledge there are no studies … empirical contexts considering the Kazakhstani economy as a particular case, and discusses the effects of different macro … available that quantify these effects on Kazakhstani economy in isolation, which, however, are necessary to study since the oil …
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The dissertation mainly consists of two articles: INVESTMENTS IN KAZAKHSTANI DAIRY FARMING: A COMPARISON OF THE CLASSICAL INVESTMENT THEORY AND THE REAL OPTIONS APPROACH Abstract This study analyzes the explanatory potential of the real options approach (ROA) regarding the reluctance of...
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