Investment in Africa’s Manufacturing Sector: a Four Country Panel Data Analysis.
Firm-level data for the manufacturing sector in Africa, presented in this paper, shows very low levels of investment. A positive effect from profits onto investment is identified in a flexible accelerator specification of the investment function controlling for firm fixed effects. There is evidence...
Prif Awduron: | Bigsten, A, Collier, P, Dercon, S, Gauthier, B, Gunning, J, Isaksson, A, Oduro, A, Oostendorp, R, Pattillo, C, Söderbom, M, Sylvain, M, Teal, F, Zeufack, A |
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Fformat: | Working paper |
Iaith: | English |
Cyhoeddwyd: |
CSAE (University of Oxford)
1997
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Eitemau Tebyg
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