This paper documents the recent slowdown in investment in India and explores its underlying causes. The sharp … investment deceleration has sparked an intense debate about the role of interest rates, as well as business confidence and … economic policy uncertainty. Our results suggest that while explaining aggregate investment activity better than nominal …

This paper documents the recent slowdown in investment in India and explores its underlying causes. The sharp … investment deceleration has sparked an intense debate about the role of interest rates, as well as business confidence and … economic policy uncertainty. Our results suggest that while explaining aggregate investment activity better than nominal …

apartheid social structure of accumulation in which economic and political institutions are important determinants of investment …. Investment function estimates show that political instability accounted for most of the fall in the rate of accumulation …

employed the investment-Q model as the baseline specification with firm fixed effects. Results revealed that during election … years, firms tend to reduce investment expenditures as compared to a period having no election after controlling for firm … political uncertainty across elections and found more pronounced investment cycle for close contested elections. It also …