Coverart for item
The Resource Investment, uncertainty, and irreversibility in Ghana, prepared by Catherine Pattillo

Investment, uncertainty, and irreversibility in Ghana, prepared by Catherine Pattillo

Label
Investment, uncertainty, and irreversibility in Ghana
Title
Investment, uncertainty, and irreversibility in Ghana
Statement of responsibility
prepared by Catherine Pattillo
Creator
Contributor
Author
Subject
Genre
Language
eng
Summary
Panel data on Ghanaian manufacturing firms are used to test predictions from models of irreversible investment under uncertainty. Information on the entrepreneur's subjective probability distribution over future demand for the firm's products is used to construct the expected variance of demand, which is used as a measure of uncertainty. Empirical results support the prediction that firms wait to invest until the marginal revenue product of capital reaches a firm-specific hurdle level. Moreover, higher uncertainty raises the hurdle level that triggers investment, and uncertainty has a negative effect on investment levels that is greater for firms with more irreversible investment
Member of
Action
digitized
Cataloging source
OCLCE
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorName
Pattillo, Catherine A.
Government publication
international or intergovernmental publication
Illustrations
illustrations
Index
no index present
Language note
English
LC call number
HG3881.5.I58
LC item number
W67 no.97/169 ONLINE
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
International Monetary Fund
Series statement
IMF Working Paper,
Series volume
WP/97/169
http://library.link/vocab/subjectName
  • Industrial equipment
  • Capital investments
  • Investments
  • Manufactures
  • Uncertainty
  • Entreprises
  • Incertitude
  • Investissements de capitaux
  • Investissements
  • Produits manufacturés
  • Capital investments
  • Industrial equipment
  • Investments
  • Manufactures
  • Uncertainty
  • Ghana
Label
Investment, uncertainty, and irreversibility in Ghana, prepared by Catherine Pattillo
Instantiates
Publication
Copyright
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 35-37)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
647556220
Dimensions
unknown
Extent
1 online resource (37 pages)
Form of item
online
Isbn
9786613799142
Level of compression
  • lossless
  • lossy
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781451903553.001
Other physical details
illustrations
Reformatting quality
  • preservation
  • access
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
(OCoLC)647556220
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Label
Investment, uncertainty, and irreversibility in Ghana, prepared by Catherine Pattillo
Publication
Copyright
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 35-37)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
647556220
Dimensions
unknown
Extent
1 online resource (37 pages)
Form of item
online
Isbn
9786613799142
Level of compression
  • lossless
  • lossy
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781451903553.001
Other physical details
illustrations
Reformatting quality
  • preservation
  • access
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
(OCoLC)647556220
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

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