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|c 5.00 USD
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|z 9781451977028
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Private Investment in Developing Countries :
|b An Empirical Analysis.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1990.
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| 300 |
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|a 1 online resource (30 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper analyzes the effects of several policy and other macro-economic variables on the ratio of private investment to GDP in developing countries. Using data for a sample of 23 developing countries over the period 1975-87, the econometric evidence indicates that the rate of private investment is positively related to the real growth rate of GDP, public sector investment, and to a lesser extent the level of per capita GDP, while it is negatively related to domestic inflation, the debt service ratio, the debt-to-GDP ratio, and high real interest rates. There is also some indication that all but the last of these variables had a greater impact before the onset of the debt crisis in 1982, while the debt-to-GDP ratio (a measure of a country's debt overhang) has become more important since then.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1990/040
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1990/040/001.1990.issue-040-en.xml
|z IMF e-Library
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