Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/12891
Título: | Investment in emerging market economies |
Autor(es): | Peltonen, Tuomas Sousa, Ricardo M. Vansteenkiste, Isabel |
Palavras-chave: | Investment Credit Asset prices Emerging markets |
Data: | 2012 |
Editora: | Springer |
Revista: | Empirical Economics |
Resumo(s): | This article empirically models investment in emerging economies. Using dynamic panel estimation methods and quarterly data for 31 emerging economies for the period 1990:1–2008:3, we show that (i) the GDP and the cost of capital are the key fundamental determinants of investment; (ii) financial factors (such as equity prices, credit and lending rate) play a relevant role on the dynamics of investment, in particular, for Asian and Latin American countries; (iii) investment growth exhibits substantial persistence and (iv) crises episodes magnify the negative response of investment. |
Tipo: | Artigo |
URI: | https://hdl.handle.net/1822/12891 |
DOI: | 10.1007/s00181-011-0457-0 |
ISSN: | 0377-7332 |
Versão da editora: | http://dx.doi.org/10.1007/s00181-011-0457-0 |
Arbitragem científica: | yes |
Acesso: | Acesso restrito UMinho |
Aparece nas coleções: | NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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Investment_in_EMEs - 20110427.pdf Acesso restrito! | Investment in emerging market economies | 140,42 kB | Adobe PDF | Ver/Abrir |