Explaining Corss-country Variation in Investment: The Role of Endowments, Institutions and Finance.
We present empirical evidence on factors that explain long run differences in investment as a share of GDP in a sample of 61 developing countries. We find robust positive effects from measures of the quality of political institutions and public sector infrastructure provision, and robust negative ef...
Main Authors: | , |
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Format: | Working paper |
Language: | English |
Published: |
CSAE (University of Oxford)
2007
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