Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund. Research Department, issuing body.
|
ISBN: | 1451897952 9781451897951 1281601179 9781281601179 1462316646 9781462316649 145274923X 9781452749235 9786613781864 661378186X
|
ISSN: | 2227-8885
|
Notes: | Includes bibliographical references (pages 22-23). Restrictions unspecified Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
|
Summary: | Both theoretical and empirical studies have documented the importance of investment for long run growth. In fact, capital formation is a necessary condition for growth in almost all growth models. The investment share is a variable that is always present on the right-hand side of growth regressions, coming out with a positive and statistically significant coefficient2. This result has motivated a large empirical literature on the explanation of cross country differences in investment shares. Knowing why some countries or regions invest more than others can lead to useful policy implications.
|
Other form: | Print version: Vamvakidis, Athanasios. Explaining investment in the WAEMU. [Washington, D.C.] : International Monetary Fund, Research Dept., ©1998
|
Standard no.: | 10.5089/9781451897951.001
|