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

Author

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  • 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, Publishing House "SINERGIA PRESS", 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. Lapo, Valentina, 2013. "The economy of Russia in multipolar world," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 30(2), pages 26-48.
    2. Lapo, Valentina, 2010. "Spatial concentration of production and investor expectations: the analysis of branch attraction of investments into regions," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 18(2), pages 3-19.
    Full references (including those not matched with items on IDEAS)

    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.;

    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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