This paper examines the dynamic causal relationship between financial development, external debt and investment in … investment in Lesotho, Namibia and Eswatini from 1980-2020 is country-dependent. For Eswatini, both investment and financial … Lesotho, where external debt is also found to Granger cause investment, also both in the short run and the long run. The study …

This paper examines the sensitivity of investment to available cash-stock, a measure for internal funds, for 192 listed … constraints to investment than larger firms due to financial market imperfection and unequal access to external finance. We also … find that financing constraints of investment by small firms are eased along with financial development. It is likely that …

In several OECD countries, investment rates in the business sector grew strongly in the second half of the 1990s. In … some cases, the strength of private investment relative to output growth had raised concerns about the risk of capital … overhang and the prospect of a prolonged period of slow capital formation in order to bring investment levels back to more …

development reduces the cash flow sensitivity of fixed investment spending, particularly for small firms, and that it increases …

sending money to his family, also invests in his home country. The investment is looked after by a family member in return for … investment outcomes) and fixed transfers (transfers are mainly of altruistic motive). As the migrant derives utilities from … consumption, his consumption-investment decision is driven by preferences and future investment prospects. The transfers are to …

finance-investment nexus. Using VAR models in the perspectives of VECM and short-run Granger causality, three broad findings … are established: (1) while finance led investment elasticities are positive, investment elasticities of finance are … negative; (2)but for Guinea Bissau, Mozambique and Togo, finance does not seem to engender portfolio investment; (3)contrary to …

investment, and schooling. Unionization and agricultural share are used as instruments for FD. The empirical results show that FD …

suggest that in the long and short run, financial development and investment exerted a positive impact on economic growth. The …

: vulnerability to poverty, investment, and consumption smoothing. Even though we cannot find a significant effect on vulnerability …, we provide evidence that financial development is correlated with higher investment and better possibilities to smooth …

assessment of the finance-investment nexus. Design/methodology/approach - VAR models in the perspectives of VECM and short … investment elasticities are positive, investment elasticities of finance are negative; (2)but for Guinea Bissau, Mozambique and … Togo, finance does not seem to engender portfolio investment; (3)contrary to mainstream literature, financial efficiency …