this paper empirically investigates the relationship between cpi inflation uncertainty, and private investment in the iranian economy from 1988 to 2010 by using quarterly data. we employ a bivariate var(5)-garch(1,1)-in-mean with diagonal bekk model to discover in a unified framework how are the interactions between the variables. in the model, conditional variance of inflation and private inve...

This paper argues that official development assistance (foreign aid) is partly responsible for the lack of structural change in Africa. Africa’s development partners have devoted too few resources and too little attention to two critical constraints to private investment, infrastructure and skills, focusing instead on easily understood, but potentially low impact regulatory reforms. A new aid s...

nowadays, countries realize that without having knowledge and technology, they may not export advantaged goods to the global market. generally, technology and knowledge accumulation play vital role for reaching high economic growth rate and economic development. the statistical reports show that iran has not been successful in the high-tech export area; base on those reports, iran’s high-tech e...

this paper investigates the relationship between macroeconomic instability and private investment of the iranian economy. the study uses a trivariate var(2)-garch(1,1)-in-mean with diagonal bekk approach to proxied inflation and exchange rate uncertainties as the main indicators of macroeconomic instability. moreover, bounds testing approach to level relationship applied to investigate the long...

a r t i c l e i n f o This paper uses a real-option model to examine the net benefit to a government from using tax cut and/or investment subsidy as incentives to induce immediate investment. Although earlier papers generally concluded that investment subsidy dominates tax cut, it is observed that many governments use a combination of subsidy and tax cut. We show that, when the government uses ...

India was largely insulated from the world trading system for more than four decades after independence in 1947. Pursuit of an inward-oriented development strategy, rationalized both by a wary, almost hostile, attitude towards foreign trade, technology and investment, and by pessimism about export markets, inevitably led to India becoming marginalized in world trade. During the period of rapid ...