accumulation. This process is characterized by a gradually rising investment rate along with a moderate rate of return to capital … declining investment rate with an extremely high return to capital. We show that minor modifications of the neoclassical model …

The paper considers investment and growth in the Middle East and North Africa (MENA) region. Notwithstanding cross …-country differences, investment as a whole has been too low, too heavily tilted toward the public sector, too highly dependent on external … influences, and less productive than in many other regions. Improving the region`s investment performance is critical if …

it driven by investment and capital accumulation. By 2014, gross capital formation had reached 46 percent of aggregate … expenditures. This paper documents the role of investment in driving economic growth in China, questions how much longer China can … sustain a relatively high investment rate, and examines the arguments that have been offered for an impending drastic …

recent years, investment taking up almost half of output. This paper documents the role of investment in driving economic … growth in China, questions how much longer China can sustain high investment rates, and critically examines arguments … suggesting an end to the investment boom. The size of the Chinese economy allows investment to remain broad-based across all …

This paper studies investment dynamics in Chinese manufacturing firms. The analysis estimates capital adjustment costs …

We study the extent to which countries undergo structural change during and after episodes of sustained investment … 130 episodes over the period 1962-2014. High investment may often be a necessary but not sufficient condition for …

-tradables sectors, and for the aggregate level of private fixed investment. The results help to reconcile the contradictory conclusions …