Please use this identifier to cite or link to this item:
https://hdl.handle.net/10419/53019
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Luintel, Kul B. | en |
dc.contributor.author | Mavrotas, George | en |
dc.date.accessioned | 2011-12-14T09:46:08Z | - |
dc.date.available | 2011-12-14T09:46:08Z | - |
dc.date.issued | 2005 | - |
dc.identifier.isbn | 9291907510 | en |
dc.identifier.uri | http://hdl.handle.net/10419/53019 | - |
dc.description.abstract | We investigate domestic private investment behaviour in a panel of 24 low-income and middle-income countries spanning a period of 1981-2000. The paper rigorously addresses (i) the cross-country heterogeneity in private investment behaviour, and (ii) endogeneity. Indicators of financial sector development and other standard macroeconomic determinants of private investment appear significant in explaining private investment behaviour in our sample; however, the estimated parameters and adjustment dynamics exhibit important cross-country differences. The empirical findings of the paper have important implications namely that first, cross-country heterogeneity needs to be addressed while modelling the private investment behaviour, and second, at the policy level, the country-specific approach appears potentially more effective than the one-size-fits-all approach for boosting private investment. | en |
dc.language.iso | eng | en |
dc.publisher | |aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinki | en |
dc.relation.ispartofseries | |aWIDER Discussion Paper |x2005/11 | en |
dc.subject.jel | E22 | en |
dc.subject.jel | H54 | en |
dc.subject.jel | O16 | en |
dc.subject.jel | O23 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | domestic private investment | en |
dc.subject.keyword | public investment | en |
dc.subject.keyword | dynamic heterogeneity | en |
dc.subject.keyword | endogeneity | en |
dc.subject.keyword | Generalised Method of Moments | en |
dc.subject.stw | Investition | en |
dc.subject.stw | Schwellenländer | en |
dc.subject.stw | Momentenmethode | en |
dc.subject.stw | Low-Income Countries | en |
dc.title | Examining private investment heterogeneity: Evidence from a dynamic panel | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 50914845X | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
Files in This Item:
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.