Aggregate Investment in South Africa: A Model with Implications for Political Reform
AbstractA small macroeconomic model is used as the basis for estimating the determinants of investment in South Africa within a simultaneous equations framework. Investment is highly sensitive to interest rates, relative prices, and political instability. The policy implications of such sensitivity are outlined. Copyright 1997 by Blackwell Publishing Ltd
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Bibliographic InfoArticle provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics & Statistics.
Volume (Year): 59 (1997)
Issue (Month): 3 (August)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0305-9049
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- David Fielding,, . "Aggregate Investment in South Africa: A Model with Implications for Political Reform," Discussion Papers 96/13, University of Nottingham, CREDIT.
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- Fedderke, J.W. & Romm, A.T., 2006.
"Growth impact and determinants of foreign direct investment into South Africa, 1956-2003,"
Elsevier, vol. 23(5), pages 738-760, September.
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wp106, Political Economy Research Institute, University of Massachusetts at Amherst.
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- Léonce Ndikumana, 2005. "Can macroeconomic policy stimulate private investment in South Africa? New insights from aggregate and manufacturing sector-level evidence," UMASS Amherst Economics Working Papers 2005-14, University of Massachusetts Amherst, Department of Economics.
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- Johannes Fedderke & Robert Klitgaard & Kamil Akramov, 2011. "Heterogeneity Happens: How Rights Matter in Economic Development," Working Papers 220, Economic Research Southern Africa.
- Johannes Fedderke & Gabor Szalontai, 2005.
"Industry Concentration in South African Manufacturing Industry: Trends and Consequences, 1972-96,"
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- Fedderke, Johannes & Szalontai, Gábor, 2009. "Industry concentration in South African manufacturing industry: Trends and consequences, 1972-96," Economic Modelling, Elsevier, vol. 26(1), pages 241-250, January.
- David Fielding,, .
"Manufacturing Investment in South Africa: A Time-Series Model,"
97/5, University of Nottingham, CREDIT.
- Fielding, David, 1999. "Manufacturing investment in South Africa: a time-series model," Journal of Development Economics, Elsevier, vol. 58(2), pages 405-427, April.
- Andrew McKay & Oliver Morrissey & Charlotte Vaillant, . "Aggregate Export and Food Crop Supply Response in Tanzania," Discussion Papers 98/4, University of Nottingham, CREDIT.
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