Aggregate Investment in South Africa: A Model with Implications for Political Reform.

A small macroeconomic model is used as the basis for estimating the determinants of investment in South Africa within a simultaneous equations framework. Investment is highly sensitive to interest rates, relative prices, and political instability. The policy implications of such sensitivity are outlined. Copyright 1997 by Blackwell Publishing Ltd

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Year of publication:	1997
Authors:	Fielding, David
Published in:	Oxford Bulletin of Economics and Statistics. - Department of Economics, ISSN 0305-9049. - Vol. 59.1997, 3, p. 349-69
Publisher:	Department of Economics

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005682176