Explaining investment in the WAEMU /

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Bibliographic Details
Author / Creator:Vamvakidis, Athanasios, author.
Imprint:[Washington, D.C.] : International Monetary Fund, Research Dept., ©1998.
Description:1 online resource (23 pages).
Language:English
Series:IMF working paper ; WP/98/99
IMF working paper ; WP/98/99.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12496830
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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.
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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