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Econometric Model Of Manufacturing, Investment And Development In 30 Countries Of Asia-Pacific

Author

Listed:
  • GUISAN, Maria-Carmen
  • AGUAYO, Eva
  • EXPOSITO, Pilar

Abstract

We analyse the evolution of economic development of countries of Asia and Pacific for the period 2000-2010, and present the estimation of a cross-section model of 30 countries in year 2010, in order to relate economic development with manufacturing and investment. We compare the results of Asia-Pacific with the estimation of similar equations with a World sample of 132 countries in the same year. The results are very alike and show the great importance of international cooperation to increase investment per head in low income countries in order to foster the degree of industrialization necessary for sustained development. Both domestic investment and foreign investment show positive impact on industrial production and industry shows a significant and positive impact on non industrial sectors.

Suggested Citation

  • GUISAN, Maria-Carmen & AGUAYO, Eva & EXPOSITO, Pilar, 2014. "Econometric Model Of Manufacturing, Investment And Development In 30 Countries Of Asia-Pacific," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 14(2).
  • Handle: RePEc:eaa:aeinde:v:14:y:2014:i:2_15
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    References listed on IDEAS

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    1. repec:wbk:wbpubs:18237 is not listed on IDEAS
    2. Guisan, M.Carmen & Exposito, Pilar, 2003. "Education, Industry, Trade and Development of Asia-Pacific countries in 1980-99," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 3(2), pages 117-142.
    3. Basu, Alaka Malwade, 2002. "Why does Education Lead to Lower Fertility? A Critical Review of Some of the Possibilities," World Development, Elsevier, vol. 30(10), pages 1779-1790, October.
    4. GUISAN, Maria-Carmen & CANCELO, Maria-Teresa & EXPOSITO, Pilar, 2007. "Desarrollo Economico De China, India Y Paises Limitrofes, 1990-2005," Estudios Economicos de Desarrollo Internacional, Euro-American Association of Economic Development, vol. 7(2), pages 5-24.
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    6. Guisan, M.Carmen & Aguayo, Eva, 2003. "Education, Industry, Trade and Development of European and Eurasian Countries in 1980-99," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 3(1), pages 115-141.
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. 25. World development in 2000-2015: Countries by income level and international comparisons by Euro-American Association
      by MCG Blogs de Economía in Euro-American Association: World Development on 2016-07-07 10:53:00

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    Cited by:

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    Keywords

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    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • O56 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Oceania

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