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Determinants of Investment in Kenya and Cote d'Ivoire

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  • Fielding, David

Abstract

An eclectic model of investment is constructed for Kenya and Cote d'Ivoire, using a two-step Engle-Granger approach to deal with non-stationary variables. Both monetary and financial integration are found to play a role in the determination of investment. Copyright 1993 by Oxford University Press.

Suggested Citation

  • Fielding, David, 1993. "Determinants of Investment in Kenya and Cote d'Ivoire," Journal of African Economies, Centre for the Study of African Economies, vol. 2(3), pages 299-328, December.
    • Handle: RePEc:oup:jafrec:v:2:y:1993:i:3:p:299-328
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    Cited by:

    1. Ndikumana, Leonce, 2000. "Financial Determinants of Domestic Investment in Sub-Saharan Africa: Evidence from Panel Data," World Development, Elsevier, vol. 28(2), pages 381-400, February.
    2. EKOUALA MAKALA Ulrich & NYINAWUMUNTU Esperance & Khalil Nait Bouzid, 2022. "Investigating the Impact of Financial Development Channel on Domestic Investment in Sub-Saharan Africa," Journal of Social Science Studies, Macrothink Institute, vol. 9(2), pages 195-195, December.
    3. Olatunji Abdul Shobande & Oladimeji Tomiwa Shodipe, 2019. "Mechanics Of Investment Drivers In Chinese Economy," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 23, pages 7-32, June.
    4. Jan Willem Gunning & Paul Collier, 1999. "Explaining African Economic Performance," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 64-111, March.
    5. Sodokin, Koffi & Kouwonou, Yao & Kodjovi Couchoro, Mawuli & Amadou, Akilou, 2024. "Monetary policy, threshold of profitability and dynamics of private investment in the West African Economic and Monetary Union," Journal of International Money and Finance, Elsevier, vol. 143(C).
    6. Ambachew Mekonnen Sisay, 2011. "Determinants of private investment in Ethiopia: a time series study," Ethiopian Journal of Economics, Ethiopian Economics Association, vol. 19(1), September.
    7. Debi Prasad Bal & Badri Narayan Rath, 2018. "Do Macroeconomics Channels Matter for Examining Relationship Between Public Debt and Economic Growth in India?," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 16(1), pages 121-142, December.
    8. Ambachew, Mekonnen Sisay, 2011. "Determinants of Private Investment in Ethiopia: a Time Series Study," Ethiopian Journal of Economics, Ethiopian Economics Association, vol. 19(1), pages 180-180, September.

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