create a website

Specification of investment functions in Sub-Saharan Africa. (2007). Fofack, Hippolyte ; Bayraktar, Nihal.
In: Policy Research Working Paper Series.
RePEc:wbk:wbrwps:4171.

Full description at Econpapers || Download paper

Cited: 5

Citations received by this document

Cites: 52

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Gross Capital Formation, Institutions and Poverty in Sub-Saharan Africa. (2017). Akobeng, Eric.
    In: Journal of Economic Policy Reform.
    RePEc:taf:jpolrf:v:20:y:2017:i:2:p:136-164.

    Full description at Econpapers || Download paper

  2. Macro and institutional determinants of domestic investment in Sub-Saharan African countries. (2016). akanbi, olusegun.
    In: Working Papers.
    RePEc:uza:wpaper:20163.

    Full description at Econpapers || Download paper

  3. Macro-econometric modelling for the Nigerian economy: A growth–poverty gap analysis. (2011). akanbi, olusegun ; Du Toit, Charlotte B..
    In: Economic Modelling.
    RePEc:eee:ecmode:v:28:y:2011:i:1:p:335-350.

    Full description at Econpapers || Download paper

  4. Macro-econometric modelling for the Nigerian economy: A growth-poverty gap analysis. (2011). akanbi, olusegun ; Du Toit, Charlotte B..
    In: Economic Modelling.
    RePEc:eee:ecmode:v:28:y:2011:i:1-2:p:335-350.

    Full description at Econpapers || Download paper

  5. Potential gains from capital flight repatriation for Sub-Saharan African countries. (2009). NDIKUMANA, LEONCE ; Fofack, Hippolyte.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:5024.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Abel, Andrew B. (1983). Optimal Investment under Uncertainty, American Economic Review 73, 228-33.

  2. Abel, Andrew B. (1990). Consumption and Investment, Chapter 14 in B.M. Friedman and F.H. Hahn eds.

  3. Agénor, P-R., Nihal Bayraktar, and Karim El Aynaoui, (2006). Roads out of Poverty? Assessing the Links between Aid, Public Investment, Growth, and Poverty Reduction, revised, World Bank (September).

  4. Agénor, Pierre-Richard, Hippolyte Fofack, and Alejandro Izquierdo, (2003). The integrated macroeconomic model for poverty analysis: a quantitative macroeconomic framework for the analysis of poverty reduction strategies, World Bank Working Paper, No: 3092.

  5. Aizenman, Joshua and Nancy Marion, (1995). Volatility, investment and disappointment aversion, NBER Working Paper No. 5386 (December).

  6. Aizenman, Joshua and Nancy Marion, (1996). Volatility and the investment response, NBER Working Paper No. 5841 (November).

  7. Arellano, M. and 0. Bover, (1995). Another Look at the Instrumental-Variable Estimation of errorComponents Models, Journal of Econometrics 68(1), 29-52.

  8. Arellano, M. and S. Bond, (1991). Some Tests of Specification for Panel Data: Montecarlo Evidence and Application to Employment Equations, Review of Economic Studies 58(2), 277-297.

  9. Barro, Robert J. (1990). Government Spending in a Simple Model of Endogenous Growth, Journal of Political Economy, 95:5, S103-25.

  10. Bayraktar, Nihal, (2002). Effects of Financial Market Imperfections and Non-convex Adjustment Costs in the Capital Adjustment Process, University of Maryland, mimeo.
    Paper not yet in RePEc: Add citation now
  11. Bayraktar, Nihal, Plutarchos Sakellaris, and Philip Vermeulen, (2005). Real Versus Financial Frictions to Capital Investment, ECB Working Paper Series No.566 (December).

  12. Beaugrand, Philippe, (2003). Overshooting and dollarization in the Democratic Republic of the Congo, IMF working paper; WP/03/105.

  13. Bernanke, Ben, (1983). Irreversibility, Uncertainty and Cyclical Investment, Quarterly Journal of Economics 98, 85-106.

  14. Chatterjeea, Santanu, Georgios Sakoulisb, and Stephen Turnovsky, (2003). Unilateral Capital Transfers, Public Investment, and Economic Growth, European Economic Review, 47 (Dec.), 1077-103.

  15. Collier, Paul (1999). On the Economic Consequences of Civil War, Oxford Economic Papers, 51.
    Paper not yet in RePEc: Add citation now
  16. Cooper, Russell W.; and John Haltiwanger, (2003). On the Nature of Capital Adjustment Costs, mimeo, University of Maryland (September).

  17. Dailami, Mansoor, and Michael Walton, (1992). Private Investment, Government Policy and Foreign Capital: A Study of the Zimbabwean Experience, Reviving Private Investment in Developing 22 Countries, edited by Chhibber, Dailami, and Shafik.

  18. Dixit A. and Pindyck, R. (1994). Investment under Uncertainty. Princeton University Press.

  19. Easterly William and Stanley Fischer, (2001) Inflation and the Poor, Journal of Money, Credit, and Banking, Vol. 33, No. 2, 160-78.

  20. Fofack Hippolyte (2007). The Challenges of Macroeconomic Stability under Narrow Tax Base in SubSaharan Africa, Forthcoming World Bank Policy Research Working Paper, The World Bank.
    Paper not yet in RePEc: Add citation now
  21. Fofack, Hippolyte and John Nolan (2001). Distribution of Parallel Exchange Rates in African Countries, Journal of International Money and Finance, Volume 20, 987-1001.

  22. Fofack, Hippolyte, (2005). Nonperforming loans in Sub-Saharan Africa : causal analysis and macroeconomic implications, World Bank Working Paper, No: 3769 (November).

  23. Fofack, Hippolyte, and Nihal Bayraktar (2007). Investment Functions in SSA: Specification Bias and Implications for Growth Estimates, Forthcoming World Bank Research Working Paper.
    Paper not yet in RePEc: Add citation now
  24. Fokam Paul (2005). Misère Galopante du Sud et Complicité du Nord : Jeux, Enjeux et Solutions.
    Paper not yet in RePEc: Add citation now
  25. Ghura, Dhaneshwar and Bany Goodwin, (2000). Determinants of private investment: a cross-regional empirical investigation, Applied Economics, 32, 1819-29.

  26. Greene Joshua (1992). External Debt Problem of Sub-Saharan Africa In Jacob A. Frankel, M. Dooley and P. Wickham (Eds.) Analytical Issues in Debt, (International Monetary Fund).
    Paper not yet in RePEc: Add citation now
  27. Handbook of Monetary Economics, Vol II. Agénor, P-R. (2000). The Economics ofAdjustment and Growth. Academic Press. San Diego, CA.
    Paper not yet in RePEc: Add citation now
  28. Hausmann, Ricardo and Michael Gavin, (1995). Overcoming volatility in Latin America, IMF Seminar Series; No: 1995-34, (August).
    Paper not yet in RePEc: Add citation now
  29. Hayashi, F., (1982). Tobins Marginal Q and Average Q: A Neoclassical Interpretation, Econometrica, pages 2 13-24, January.

  30. Holtz-Eaken, D.W. Newey, and H.S. Rosen, (1998) Estimating Vector Autoregressions with Panel Data, Econometrica 56, 137 1-1395.
    Paper not yet in RePEc: Add citation now
  31. Hubbard, R. Glenn, (1998). Capital-Market Imperfections and Investment, Journal of Economic Literature, vol. 36, pages 193-225, March.

  32. International Monetary Fund (1987). Theoretical Aspects of the Design of Fund-Supported Adjustment Programs. IMF Occasional Paper 55, International Monetary Fund.

  33. Lee, Jaewoo and Kwanho Shin, (2000). The Role of a Variable Input in the Relationship between Investment and Uncertainty, American Economic Review 90, 667-680.

  34. Lucas, Robert J. (1990), Why doesnt Capital Flow from Rich to Poor Countries? American Economic Review, Vol. 80 (May), 92-96.

  35. Maisonneuve & Larose, Paris, France. Fred-Mensah Ben K. (2004). Social Capital Building as Capacity for Postconflict Development: The UNDP in Mozambique and Rwanda, Global Governance, Volume 10, 43 7-457.
    Paper not yet in RePEc: Add citation now
  36. Malinvaud, E. (1987), Capital productif, incertitudes et profitabilité, Annales déconomie et de statistique, Volume 5.
    Paper not yet in RePEc: Add citation now
  37. Milbourne R., G Otto and G Voss, (2003). Public Investment and Economic Growth, Applied Economics, 35, 527-540.

  38. Monga, Celestin, (1997). A Currency Reform Index for Western and Central Africa, The World Economy, vol. 20, No.1.

  39. Ndikumana, Leonce, (2000). Financial Determinants of Domestic Investment in Sub-Saharan Africa: Evidence from Panel Data, World Development, 28:2, 381-400.

  40. Obidegwu, Chukwuma (2004). Post-Conflict Peace Building in Africa: The Challenges of SocioEconomic Recovery and Development, Africa Region Working Paper No: 73, World Bank.
    Paper not yet in RePEc: Add citation now
  41. Oshikoya, T. W. (1994), Macroeconomic Determinants of Private Investment in Africa: An Empirical Analysis, Economic Development and Cultural Change.

  42. Pesaran, Hashem, Yongcheol Shin, and Richard Smith (1999), Pooled Mean Group Estimation of Dynamic Heterogonous Panels, Journal of the American Statistical Association 94, 621-34.
    Paper not yet in RePEc: Add citation now
  43. Schiantarelli, Fabio, (1996). Financial Constraints and Investment: Methodological Issues and International Evidence, Oxford Review of Economic Policy, vol. 12(2), pages 70-89, Summer.

  44. Servén Luis and Andres Solimano, (1993). Debt Crisis, Adjustment Policies and Capital Formation in Developing Countries: Where Do We Stand? World Development, Volume 21:1, 127-140.

  45. Servén Luis, (2003). Real-Exchange Rate Uncertainty and Private Investment in LDCS, The Review of Economics and Statistics 85:1, 212-218.

  46. Shafik, Nemat, (1992). Modeling Private Investment in Egypt, Journal of Development Economics, Volume 39, 263-77.

  47. Stiglitz E. Joseph and Shahid Yusuf (2001). Rethinking the East Asian Miracle, The World Bank and Oxford University Press.

  48. Tchundjang, Pouemi Joseph, (1979). Monnaie, Servitude et Liberte: La Repression Monetaire de lAfrique, Edition Jeune afrique Conseil.
    Paper not yet in RePEc: Add citation now
  49. Tobin, J., (1969). A General Equilibrium Approach to Monetary Theory, Journal of Money, Credit and Banking, vol. 1(1), pages 15-29.

  50. United Nations. (2005). International Cooperation at a Crossroads: Aid, trade and Security in an unequal world. Human Development Report 2005, United Nations Development Report.
    Paper not yet in RePEc: Add citation now
  51. Vera-Martin, Mercedes. (1999). Long-run Growth in Mali, Niger and Senegal, unpublished paper, Washington D.C.: IMF).
    Paper not yet in RePEc: Add citation now
  52. World Bank (2005b). A Stocktaking of Poverty Reduction Support Credits (PRSCs) Operations Policy and Country Services, The International Bank for Reconstruction and Development, Washington DC.
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Macroeconomic uncertainty and bank lending: The case of Ukraine. (2012). Tsapin, Andriy ; Talavera, Oleksandr ; Zholud, Oleksandr.
    In: Economic Systems.
    RePEc:eee:ecosys:v:36:y:2012:i:2:p:279-293.

    Full description at Econpapers || Download paper

  2. On the Sensitivity of Firms Investment to Cash Flow and Uncertainty. (2008). Talavera, Oleksandr ; Caglayan, Mustafa ; Baum, Christopher.
    In: Boston College Working Papers in Economics.
    RePEc:boc:bocoec:638.

    Full description at Econpapers || Download paper

  3. Why demand uncertainty curbs investment: Evidence froma a panel of Italian manufacturing firms. (2007). Golinelli, Roberto ; Bontempi, Maria ; Parigi, Giuseppe .
    In: Temi di discussione (Economic working papers).
    RePEc:bdi:wptemi:td_621_07.

    Full description at Econpapers || Download paper

  4. Uncertainty and Investment Dynamics. (2006). van Reenen, John ; bloom, nicholas ; Bond, Stephen .
    In: NBER Working Papers.
    RePEc:nbr:nberwo:12383.

    Full description at Econpapers || Download paper

  5. The Impact of Uncertainty Shocks: Firm Level Estimation and a 9/11 Simulation. (2006). bloom, nicholas.
    In: CEP Discussion Papers.
    RePEc:cep:cepdps:dp0718.

    Full description at Econpapers || Download paper

  6. Explaining the Diversity of Industry Investment Responses to Uncertainty Using Long Run Panel Survey Data. (2005). Urga, Giovanni ; TEMPLE, PAUL ; Driver, Ciaran.
    In: School of Economics Discussion Papers.
    RePEc:sur:surrec:0405.

    Full description at Econpapers || Download paper

  7. Agency Conflicts, Investment, and Asset Pricing. (2005). Wang, Neng ; Albuquerque, Rui.
    In: Computing in Economics and Finance 2005.
    RePEc:sce:scecf5:351.

    Full description at Econpapers || Download paper

  8. The Firm’s Perception of Demand Shocks and the Expected Profitability of Capital under Uncertainty. (2005). Gil, Pedro.
    In: FEP Working Papers.
    RePEc:por:fepwps:195.

    Full description at Econpapers || Download paper

  9. Agency Conflicts, Investment and Asset Pricing. (2005). Wang, Neng ; Albuquerque, Rui.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:4955.

    Full description at Econpapers || Download paper

  10. Expected Profitability of Capital under Uncertainty – a Microeconomic Perspective. (2004). Gil, Pedro.
    In: FEP Working Papers.
    RePEc:por:fepwps:157.

    Full description at Econpapers || Download paper

  11. Managing Volatility and Crises: A Practitioners Guide Overview. (2004). Aizenman, Joshua ; Pinto, Brian .
    In: NBER Working Papers.
    RePEc:nbr:nberwo:10602.

    Full description at Econpapers || Download paper

  12. Investment, Capacity, and Uncertainty: A Putty-Clay Approach. (2004). Williams, John ; Gilchrist, Simon.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:10446.

    Full description at Econpapers || Download paper

  13. Investment and Uncertainty: A Theory-Based Empirical Approach. (2004). Carlsson, Mikael.
    In: Working Paper Series.
    RePEc:hhs:uunewp:2004_017.

    Full description at Econpapers || Download paper

  14. Uncertainty and investment: an empirical investigation using data on analysts profits forecasts. (2004). Cummins, Jason ; Bond, Stephen R..
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2004-20.

    Full description at Econpapers || Download paper

  15. Conditionality, Commitment and Investment Response in LDCs. (2004). Agostino, Mariarosaria.
    In: Economics Working Papers.
    RePEc:aah:aarhec:2004-10.

    Full description at Econpapers || Download paper

  16. Prediction Ability. (2003). Takii, Katsuya.
    In: Review of Economic Dynamics.
    RePEc:red:issued:v:6:y:2003:i:1:p:80-98.

    Full description at Econpapers || Download paper

  17. Public Investment and Different Sources of Uncertainty. (2003). Menegatti, Mario.
    In: Economics Department Working Papers.
    RePEc:par:dipeco:2003-ep02.

    Full description at Econpapers || Download paper

  18. Real exchange rate uncertainty and private investment in developing countries. (2002). Servén, Luis.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:2823.

    Full description at Econpapers || Download paper

  19. The impact of uncertainty on investment plans. (2002). Vermeulen, Philip ; Fuss, Catherine ; Butzen, Paul.
    In: Working Paper Research.
    RePEc:nbb:reswpp:200205-5.

    Full description at Econpapers || Download paper

  20. Equilibrium Cross-Section of Returns. (2002). Zhang, Lu ; Gomes, João.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:3482.

    Full description at Econpapers || Download paper

  21. Investment Decisions under Real Exchange Rate Uncertainty. (2001). Erdal, Bahar.
    In: Central Bank Review.
    RePEc:tcb:cebare:v:1:y:2001:i:1:p:25-47.

    Full description at Econpapers || Download paper

  22. Time-Varying Risk Premia and the Cost of Capital: An Alternative Implication of the Q Theory of Investment. (2001). Ludvigson, Sydney ; Lettau, Martin.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:3103.

    Full description at Econpapers || Download paper

  23. The Real Interest rate Gap as an Inflation Indicator. (2001). Nelson, Edward ; Neiss, Katharine.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:2848.

    Full description at Econpapers || Download paper

  24. Direct Effects of Base Money on Aggregate Demand: Theory and Evidence. (2001). Nelson, Edward.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:2666.

    Full description at Econpapers || Download paper

  25. The real interest rate gap as an inflation indicator. (2001). Nelson, Edward ; Neiss, Katharine.
    In: Bank of England working papers.
    RePEc:boe:boeewp:130.

    Full description at Econpapers || Download paper

  26. The dynamic effects of real options and irreversibility on investment and labour demand. (2000). bloom, nicholas.
    In: IFS Working Papers.
    RePEc:ifs:ifsewp:00/15.

    Full description at Econpapers || Download paper

  27. A Generalised Model of Investment under Uncertainty: Aggregation and Estimation. (2000). bloom, nicholas.
    In: Econometric Society World Congress 2000 Contributed Papers.
    RePEc:ecm:wc2000:1505.

    Full description at Econpapers || Download paper

  28. Discovering the Link Between Uncertainty and Investment - Microeconometric Evidence from Germany. (2000). Siegfried, Nikolaus A ; Funke, Michael ; Boehm, Hjalmar.
    In: Econometric Society World Congress 2000 Contributed Papers.
    RePEc:ecm:wc2000:0112.

    Full description at Econpapers || Download paper

  29. Direct effects of base money on aggregate demand: theory and evidence. (2000). Nelson, Edward.
    In: Bank of England working papers.
    RePEc:boe:boeewp:122.

    Full description at Econpapers || Download paper

  30. The Role of a Variable Input in the Relationship between Investment and Uncertainty. (2000). Shin, Kwanho ; Lee, Jaewoo.
    In: American Economic Review.
    RePEc:aea:aecrev:v:90:y:2000:i:3:p:667-680.

    Full description at Econpapers || Download paper

  31. Adjustment Costs, Learning-by-Doing, and Technology Adoption under Uncertainty. (1999). Pavlova, Anna.
    In: CARESS Working Papres.
    RePEc:wop:pennca:99-07.

    Full description at Econpapers || Download paper

  32. The Timing and Scale of Investment Under Uncertainty. (1999). Small, John P..
    In: Econometrics Working Papers.
    RePEc:vic:vicewp:9906.

    Full description at Econpapers || Download paper

  33. What Do We Know About Investment Under Uncertainty?. (1998). Henley, Andrew ; Dickerson, Andrew ; Carruth, Alan.
    In: Studies in Economics.
    RePEc:ukc:ukcedp:9804.

    Full description at Econpapers || Download paper

  34. Investment With Uncertain Tax Policy: Does Random Tax Policy Discourage Investment?. (1998). Metcalf, Gilbert ; hassett, kevin.
    In: Discussion Papers Series, Department of Economics, Tufts University.
    RePEc:tuf:tuftec:9823.

    Full description at Econpapers || Download paper

  35. Investment, capacity, and output: a putty-clay approach. (1998). Williams, John ; Gilchrist, Simon.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:1998-44.

    Full description at Econpapers || Download paper

  36. Uncertainty, instability, and irreversible investment : theory, evidence, and lessons for Africa. (1997). Servén, Luis.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:1722.

    Full description at Econpapers || Download paper

  37. Inflation, growth, and central banks : theory and evidence. (1996). De Gregorio, Jose.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:1575.

    Full description at Econpapers || Download paper

  38. New Activities, the Welfare Cost of Uncertainty and Investment Policies. (1996). Aizenman, Joshua.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:5825.

    Full description at Econpapers || Download paper

  39. Volatility, Investment and Disappointment Aversion. (1995). Marion, Nancy ; Aizenman, Joshua.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:5386.

    Full description at Econpapers || Download paper

  40. The Effects of Irreversibility and Uncertainty on Capital Accumulation. (1995). Eberly, Janice ; Abel, Andrew.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:5363.

    Full description at Econpapers || Download paper

  41. Options, the Value of Capital, and Investment. (1995). Pindyck, Robert ; Eberly, Janice ; Dixit, Avinash ; Abel, Andrew.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:5227.

    Full description at Econpapers || Download paper

  42. Real Investment Decisions Under Information Constraints. (1995). Long, Ngo ; Lasserre, Pierre ; Gaudet, Gérard.
    In: CIRANO Working Papers.
    RePEc:cir:cirwor:95s-33.

    Full description at Econpapers || Download paper

  43. Investment with Uncertain Tax Policy: Does Random Tax Policy Discourage Investment?. (1994). Metcalf, Gilbert ; hassett, kevin.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:4780.

    Full description at Econpapers || Download paper

  44. An Exact Soultion for the Investment and Market Value of a Firm Facing Uncertainty, Adjustment Costs, and Irreversibility. (1993). Eberly, Janice ; Abel, Andrew.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:4412.

    Full description at Econpapers || Download paper

  45. A Unified Model of Investment Under Uncertainty. (1993). Eberly, Janice ; Abel, Andrew.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:4296.

    Full description at Econpapers || Download paper

  46. Uncertainty, Investment, and Industry Evolution. (1992). Pindyck, Robert ; Caballero, Ricardo.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:4160.

    Full description at Econpapers || Download paper

  47. Tax Policy and Business Fixed Investment in the United States. (1991). hassett, kevin ; Auerbach, Alan.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:3619.

    Full description at Econpapers || Download paper

  48. The Effect of Takeover Activity on Corporate Research and Development. (1987). Hall, Bronwyn.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:2191.

    Full description at Econpapers || Download paper

  49. Maximum Likelihood Estimation of Generalized Ito Processes with Discretely Sampled Data. (1986). Lo, Andrew.
    In: NBER Technical Working Papers.
    RePEc:nbr:nberte:0059.

    Full description at Econpapers || Download paper

  50. Making Bad Decisions: firm size and investment under uncertainty. (). Cobham, Alex.
    In: QEH Working Papers.
    RePEc:qeh:qehwps:qehwps39.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-02-25 16:17:52 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy