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.

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

Updates to this page

Published 1 February 2018