Firm-level data for the manufacturing sector in Africa, presented in this paper, shows very low levels of investment. A positive effect from profits onto investment is identified in a flexible accelerator specification of the investment function controlling for firm fixed effects. There is evidence that this effect is confined to smaller firms. A comparison with other studies shows that, for such firms, the profit effect is much smaller in Africa than in other countries. Reasons for the relative insensitivity of investment to profits in African firms are suggested
Recent reforms in most African economies of their trading and exchange rate regimes have eliminated ...
To promote growth manufacturing industry in Kenya, the government must address various chal-lenges t...
Objective - The manufacturing sector plays an important role in any economy. However, Africa has exp...
Firm-level data for the manufacturing sector in Africa, presented in this paper, shows very low leve...
To my knowledge this study undertakes the first comprehensive and systematic empirical test of the h...
The macro evidence shows that investment rates in sub-Saharan Africa are low and these low rates are...
textabstractJudging by the provisions of its investment code and the apparent stability of the macro...
It is known that industrial sector development leads countries to a structural change, promoting job...
South Africa is a case of an African economy where significant macro-economic reform, including trad...
Empirical studies are devoted to the impact of the manufacturing sector on economic growth assume th...
This paper examines the dynamics of small-scale manufacturing enterprises in developing countries, ...
International audienceDrawing on the World Bank enterprise surveys, this paper shows that the invest...
Foreign direct investment as a form of international activity can impact the recipient economy in ma...
Recent reforms in most African economies of their trading and exchange rate regimes have eliminated ...
Africa's economic performance has been widely viewed with pessimism. In this paper, firm-level ...
Recent reforms in most African economies of their trading and exchange rate regimes have eliminated ...
To promote growth manufacturing industry in Kenya, the government must address various chal-lenges t...
Objective - The manufacturing sector plays an important role in any economy. However, Africa has exp...
Firm-level data for the manufacturing sector in Africa, presented in this paper, shows very low leve...
To my knowledge this study undertakes the first comprehensive and systematic empirical test of the h...
The macro evidence shows that investment rates in sub-Saharan Africa are low and these low rates are...
textabstractJudging by the provisions of its investment code and the apparent stability of the macro...
It is known that industrial sector development leads countries to a structural change, promoting job...
South Africa is a case of an African economy where significant macro-economic reform, including trad...
Empirical studies are devoted to the impact of the manufacturing sector on economic growth assume th...
This paper examines the dynamics of small-scale manufacturing enterprises in developing countries, ...
International audienceDrawing on the World Bank enterprise surveys, this paper shows that the invest...
Foreign direct investment as a form of international activity can impact the recipient economy in ma...
Recent reforms in most African economies of their trading and exchange rate regimes have eliminated ...
Africa's economic performance has been widely viewed with pessimism. In this paper, firm-level ...
Recent reforms in most African economies of their trading and exchange rate regimes have eliminated ...
To promote growth manufacturing industry in Kenya, the government must address various chal-lenges t...
Objective - The manufacturing sector plays an important role in any economy. However, Africa has exp...