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Efficiency of investment stimulation methods in a timber industry complex: An econometric research

Author

Listed:
  • Lapo, Valentina

    (Siberian Federal University, Krasnoyarsk, Russia)

Abstract

We study the efficiency of state stimulating methods to attract investments into the timber industry development by logit, probit and tobit panel data models. Оur estimates reveal the most efficient stimulating methods of attracting investments into the wood sector. The approach can be widespread to other sectors of the economy.

Suggested Citation

  • Lapo, Valentina, 2014. "Efficiency of investment stimulation methods in a timber industry complex: An econometric research," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 33(1), pages 30-50.
  • Handle: RePEc:ris:apltrx:0228
    as

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    File URL: http://pe.cemi.rssi.ru/pe_2014_1_30-50.pdf
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    References listed on IDEAS

    as
    1. Richard Baldwin & Rikard Forslid & Philippe Martin & Gianmarco Ottaviano & Frederic Robert-Nicoud, 2005. "Economic Geography and Public Policy," Economics Books, Princeton University Press, edition 1, number 7524.
    2. Lapo, Valentina, 2013. "The economy of Russia in multipolar world," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 30(2), pages 26-48.
    3. Lapo, Valentina, 2010. "Spatial concentration of production and investor expectations: the analysis of branch attraction of investments into regions," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 18(2), pages 3-19.
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    More about this item

    Keywords

    : investment; priority investment projects; a timber industry complex; econometrics; model; panel data; logit; probit; tobit; the state guarantees; grants; privileges under taxes and payments.;
    All these keywords.

    JEL classification:

    • C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models; Threshold Regression Models
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • L73 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Forest Products
    • L78 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Government Policy

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