EconStor >
United Nations University (UNU) >
World Institute for Development Economics Research (UNU-WIDER), United Nations University >
WIDER Discussion Papers, United Nations University (UNU) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/53019
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorLuintel, Kul B.en_US
dc.contributor.authorMavrotas, Georgeen_US
dc.date.accessioned2011-12-14T09:46:08Z-
dc.date.available2011-12-14T09:46:08Z-
dc.date.issued2005en_US
dc.identifier.isbn9291907510en_US
dc.identifier.urihttp://hdl.handle.net/10419/53019-
dc.description.abstractWe 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_US
dc.language.isoengen_US
dc.publisherUNU-WIDER Helsinkien_US
dc.relation.ispartofseriesWIDER Discussion Papers // World Institute for Development Economics (UNU-WIDER) 2005/11en_US
dc.subject.jelE22en_US
dc.subject.jelH54en_US
dc.subject.jelO16en_US
dc.subject.jelO23en_US
dc.subject.ddc330en_US
dc.subject.keyworddomestic private investmenten_US
dc.subject.keywordpublic investmenten_US
dc.subject.keyworddynamic heterogeneityen_US
dc.subject.keywordendogeneityen_US
dc.subject.keywordGeneralised Method of Momentsen_US
dc.subject.stwInvestitionen_US
dc.subject.stwSchwellenländeren_US
dc.subject.stwMomentenmethodeen_US
dc.subject.stwLow-Income Countriesen_US
dc.titleExamining private investment heterogeneity: Evidence from a dynamic panelen_US
dc.typeWorking Paperen_US
dc.identifier.ppn50914845Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Discussion Papers, United Nations University (UNU)

Files in This Item:
File Description SizeFormat
50914845X.pdf142.92 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.