Görg, Holger; Morrissey, Oliver; Udomkerdmongkol, Manop - Leverhulme Centre for Research on Globalisation and …
This paper uses annual aggregate data for 36 low or middle income countries covering the period 1995-2001 to test the responsiveness of investment to the sources of finance under (un)favourable regimes for investment. Two sources of private investment finance are considered: private investment...