Your email was sent successfully. Check your inbox.

An error occurred while sending the email. Please try again.

Proceed reservation?

Export
Filter
  • 2005-2009  (3)
  • Bayraktar, Nihal  (3)
  • Washington, D.C : The World Bank  (3)
  • Wiesbaden : VS Verlag für Sozialwissenschaften
  • Economic Theory and Research  (3)
  • 1
    Online Resource
    Online Resource
    Specification of Investment Functions In Sub-Saharan Africa (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (39 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bayraktar, Nihal Specification of Investment Functions In Sub-Saharan Africa
    Keywords: Accumulation ; Capital ; Currencies and Exchange Rates ; Debt Markets ; Depreciation ; Distribution of Income ; Economic Theory and Research ; Emerging Markets ; Extensive ; External ; Finance and Financial Sector Development ; Financial Literacy ; Fixed Capital ; Income ; Investment ; Investment ; Investment Behavior ; Investment Functions ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Sector Development ; Accumulation ; Capital ; Currencies and Exchange Rates ; Debt Markets ; Depreciation ; Distribution of Income ; Economic Theory and Research ; Emerging Markets ; Extensive ; External ; Finance and Financial Sector Development ; Financial Literacy ; Fixed Capital ; Income ; Investment ; Investment ; Investment Behavior ; Investment Functions ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Sector Development ; Accumulation ; Capital ; Currencies and Exchange Rates ; Debt Markets ; Depreciation ; Distribution of Income ; Economic Theory and Research ; Emerging Markets ; Extensive ; External ; Finance and Financial Sector Development ; Financial Literacy ; Fixed Capital ; Income ; Investment ; Investment ; Investment Behavior ; Investment Functions ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Sector Development
    Abstract: It is a well-known fact that one of the most important determinants of growth is private investment. But in the developing country context of widespread poverty, the effects of initial conditions on the process of capital accumulation have seldom been investigated. This paper highlights heterogeneity in the process of capital accumulation across different countries in Sub-Saharan Africa, and derives a formal specification of investment functions in the primary, industry, and service sectors in the region using a variation of the combined Tobin's Q Theory and the neoclassical models of investment. The results highlight a more rapid accumulation of capital in the relatively high income subpanel and a widening public-private capital accumulation gap. A functional specification points to the significance of aggregate profitability shocks, the financing cost of investment, and public capital stock in estimating the growth rate of private capital accumulation. These results are supported empirically, as highlighted by the relatively small absolute deviation between actual and predicted value distributions
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    MPI Ethno. Forsch.
  • 2
    Online Resource
    Online Resource
    The Composition of Public Expenditure And Growth : A Small-Scale Intertemporal Model For Low-Income Countries (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (74 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bayraktar, Nihal The Composition of Public Expenditure And Growth
    Keywords: Budget Constraint ; Debt Markets ; Economic Theory and Research ; Expenditure ; Finance and Financial Sector Development ; Government Spending ; International Bank ; Investment Decisions ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Capital ; Public Investment ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management ; Public Spending ; Tax ; Tax Collection ; Budget Constraint ; Debt Markets ; Economic Theory and Research ; Expenditure ; Finance and Financial Sector Development ; Government Spending ; International Bank ; Investment Decisions ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Capital ; Public Investment ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management ; Public Spending ; Tax ; Tax Collection ; Budget Constraint ; Debt Markets ; Economic Theory and Research ; Expenditure ; Finance and Financial Sector Development ; Government Spending ; International Bank ; Investment Decisions ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Private Capital ; Public Investment ; Public Sector Economics and Finance ; Public Sector Expenditure Analysis and Management ; Public Spending ; Tax ; Tax Collection
    Abstract: This paper presents a small-scale intertemporal model of endogenous growth that accounts for the composition of public expenditure and externalities associated with public capital. Government spending is disaggregated into various components, including maintenance, security, and investment in education, health, and core infrastructure. After studying its long-run properties, the model is calibrated for Haiti, using country-specific information as well as parameter estimates from the literature. A variety of policy experiments are then reported, including a reallocation of spending aimed at creating fiscal space to promote public investment; an improvement in fiscal management that leads to a reduction in tax collection costs; higher spending on security; and a composite fiscal package
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    MPI Ethno. Forsch.
  • 3
    Online Resource
    Online Resource
    Banking Sector Openness And Economic Growth (2006)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (32 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bayraktar, Nihal Banking Sector Openness And Economic Growth
    Keywords: Accounting ; Auditing ; Bank ; Banking ; Banking Sector ; Banking Services ; Banks and Banking Reform ; Borrowing ; Capital ; Currencies and Exchange Rates ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Integration ; Financial Intermediation ; Financial Literacy ; Financial Markets ; Financial Services ; Foreign Banks ; Labor Pollution ; Macroeconomics and Economic Growth ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Social Protections and Labor ; Accounting ; Auditing ; Bank ; Banking ; Banking Sector ; Banking Services ; Banks and Banking Reform ; Borrowing ; Capital ; Currencies and Exchange Rates ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Integration ; Financial Intermediation ; Financial Literacy ; Financial Markets ; Financial Services ; Foreign Banks ; Labor Pollution ; Macroeconomics and Economic Growth ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Social Protections and Labor ; Accounting ; Auditing ; Bank ; Banking ; Banking Sector ; Banking Services ; Banks and Banking Reform ; Borrowing ; Capital ; Currencies and Exchange Rates ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Integration ; Financial Intermediation ; Financial Literacy ; Financial Markets ; Financial Services ; Foreign Banks ; Labor Pollution ; Macroeconomics and Economic Growth ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Social Protections and Labor
    Abstract: Banking sector openness may directly affect growth by improving the access to financial services and indirectly by improving the efficiency of financial intermediaries, both of which reduce the cost of financing, and in turn, stimulate capital accumulation and economic growth. The objective of the paper is to empirically reinvestigate these direct and indirect links using a more advanced econometric technique (GMM dynamic panel estimators). An illustrative model is presented to link financial market development with investment. The empirical results confirm the presence of direct and indirect links, and thus provide support for countries planning to open their banking sector for international competition
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    MPI Ethno. Forsch.
Close ⊗
This website uses cookies and the analysis tool Matomo. More information can be found here...