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 InfoPaper provided by University of Nottingham, CREDIT in its series Discussion Papers with number 96/13.
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- Fielding, David, 1997. "Aggregate Investment in South Africa: A Model with Implications for Political Reform," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 59(3), pages 349-69, August.
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