Adjustment Costs, Irreversibility and Investment Patterns in African Manufacturing
Resource Information
The work Adjustment Costs, Irreversibility and Investment Patterns in African Manufacturing represents a distinct intellectual or artistic creation found in Boston University Libraries. This resource is a combination of several types including: Work, Language Material, Books.
The Resource
Adjustment Costs, Irreversibility and Investment Patterns in African Manufacturing
Resource Information
The work Adjustment Costs, Irreversibility and Investment Patterns in African Manufacturing represents a distinct intellectual or artistic creation found in Boston University Libraries. This resource is a combination of several types including: Work, Language Material, Books.
- Label
- Adjustment Costs, Irreversibility and Investment Patterns in African Manufacturing
- Statement of responsibility
- Arne Bigsten
- Language
- eng
- Summary
- This paper examines dynamic patterns of investment in Cameroon, Ghana, Kenya, Zambia and Zimbabwe, assessing the consistency of those patterns with different adjustment cost structures. Using survey data on manufactured firms, we document the importance of zero investment episodes and lumpy investment. The proportion of firms experiencing large investment spikes is significant in explaining aggregate manufacturing investment. Taken together, evidence from descriptive statistics, average investment regressions modeling the response to capital imbalance, and transition data analysis indicate that irreversibility is an important factor considered by firms when making investment plans. The picture is not unanimous however, and some explanations for the mixed results are proposed
- Cataloging source
- DcWaIMF
- Government publication
- international or intergovernmental publication
- Literary form
- non fiction
- Nature of contents
- dictionaries
- Series statement
- IMF Working Papers; Working Paper
- Series volume
- No. 99/99
Context
Context of Adjustment Costs, Irreversibility and Investment Patterns in African ManufacturingWork of
No resources found
No enriched resources found
Embed
Settings
Select options that apply then copy and paste the RDF/HTML data fragment to include in your application
Embed this data in a secure (HTTPS) page:
Layout options:
Include data citation:
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.bu.edu/resource/KCW-3OXTbbg/" typeof="CreativeWork http://bibfra.me/vocab/lite/Work"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.bu.edu/resource/KCW-3OXTbbg/">Adjustment Costs, Irreversibility and Investment Patterns in African Manufacturing</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.bu.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.bu.edu/">Boston University Libraries</a></span></span></span></span></div>
Note: Adjust the width and height settings defined in the RDF/HTML code fragment to best match your requirements
Preview
Cite Data - Experimental
Data Citation of the Work Adjustment Costs, Irreversibility and Investment Patterns in African Manufacturing
Copy and paste the following RDF/HTML data fragment to cite this resource
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.bu.edu/resource/KCW-3OXTbbg/" typeof="CreativeWork http://bibfra.me/vocab/lite/Work"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.bu.edu/resource/KCW-3OXTbbg/">Adjustment Costs, Irreversibility and Investment Patterns in African Manufacturing</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.bu.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.bu.edu/">Boston University Libraries</a></span></span></span></span></div>
