Explaining investment in the WAEMU /
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Author / Creator: | Vamvakidis, Athanasios, author. |
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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 |
Other authors / contributors: | International Monetary Fund. Research Department, issuing body. |
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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 |
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