Investment Dynamics, Unobserved Heterogeneity and Endogenous Investment Switching Regime in Manufacturing

This paper investigates the rate of investment in plant, machinery and equipment in Swaziland.

From:
Department for International Development
Published
1 February 2018
Country:
Swaziland
Document Type:
Working Paper
Theme:
Economic Growth
Authors:
Mhlanga, S.V.

Abstract

This paper investigates the industrial effects of true state dependence, the sales-to-capital ratio and unobserved heterogeneity on the rate of investment in plant, machinery and equipment in Swaziland.

This research was funded under the Private Enterprise Development in Low Income Countries (PEDL) Programme

Citation

Mhlanga, S. V. (2018) Investment Dynamics, Unobserved Heterogeneity and Endogenous Investment Switching Regime in Manufacturing

Investment Dynamics, Unobserved Heterogeneity and Endogenous Investment Switching Regime in Manufacturing

Published 1 February 2018
Contents