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Author Vamvakidis, Athanasios, author

Title Explaining investment in the WAEMU / prepared by Athanasios Vamvakidis
Published [Washington, D.C.] : International Monetary Fund, Research Dept., [1998]
©1998
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Description 1 online resource (23 pages)
Series IMF working paper ; WP/98/99
IMF working paper ; WP/98/99
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
Bibliography Includes bibliographical references (pages 22-23)
Notes 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 MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Union économique et monétaire ouest africaine.
Investments -- Africa, West -- Mathematical models.
Saving and investment -- Africa, West -- Mathematical models.
Form Electronic book
Author International Monetary Fund. Research Department, issuing body
ISBN 1281601179
1451897952
9781281601179
9781451897951