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

Listed author(s):
  • GUISAN, Maria-Carmen
  • AGUAYO, Eva
  • EXPOSITO, Pilar

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.

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Article provided by Euro-American Association of Economic Development in its journal Applied Econometrics and International Development.

Volume (Year): 14 (2014)
Issue (Month): 2 ()

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Handle: RePEc:eaa:aeinde:v:14:y:2014:i:2_15
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  1. 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.
  2. 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.
  3. 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.
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