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REVISITING DETERMINANTS OF INVESTMENT THROUGH G-TO-S APPROACH FOR ASIAN COUNTRIES |
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| รหัสดีโอไอ | |
| Creator | Mudassar Rashid, Usman Shakoor |
| Title | REVISITING DETERMINANTS OF INVESTMENT THROUGH G-TO-S APPROACH FOR ASIAN COUNTRIES |
| Contributor | - |
| Publisher | TuEngr Group |
| Publication Year | 2563 |
| Journal Title | International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies |
| Journal Vol. | 11 |
| Journal No. | 4 |
| Page no. | 11A04F: 1-7 |
| Keyword | Autometrics modeling technique, General to Specific (G2S), Random coefficient model, Investment accelerator effect, Economic Growth, Domestic Investment, Attract investment, Investment reforms. |
| URL Website | http://TuEngr.com/Vol11_4.html |
| Website title | ITJEMAST V11(4) 2020 @ TuEngr.com |
| ISSN | 2228-9860 |
| Abstract | Investment is one of the key components of an economy and any significant variations in it have persistent effects on the economy. This paper empirically finds the determinants of growth in domestic investment in Asian countries over the period 1987-2017. The main objective of this research is to find the impact of various variables like Capital investment, Domestic savings, Gross domestic product per capita, Trade, Government expenditure, inflation, lending rates and privatization on investment in selected Asian countries. The study used the Autometrics for analysis, which is the third-generation modeling technique and is the latest variant of general to a specific approach, and to identify the indicators in explaining the investment of sample countries. The result shows that Domestic savings, Gross domestic product per capita, Government expenditures have a positive impact and significant effect on domestic investment. The study clearly emphasizes the role of these policy variables in attracting investment and determining its growth and highlights a positive and significant impact of reforms on investment in selected countries. |
