ECONOMETRIC MODEL OF MANUFACTURING, INVESTMENT AND DEVELOPMENT IN 30 COUNTRIES OF ASIA-PACIFIC

Maria-Carmen Guisan, Eva Aguayo and Pilar Exposito ()

Applied Econometrics and International Development, 2014, vol. 14, issue 2

Abstract: We analyse the evolution of economic development of countries of Asia and Pacific for the period 2000-2010, and present the estimation of a cross-section model of 30 countries in year 2010, in order to relate economic development with manufacturing and investment. We compare the results of Asia-Pacific with the estimation of similar equations with a World sample of 132 countries in the same year. The results are very alike and show the great importance of international cooperation to increase investment per head in low income countries in order to foster the degree of industrialization necessary for sustained development. Both domestic investment and foreign investment show positive impact on industrial production and industry shows a significant and positive impact on non industrial sectors.

Keywords: Asian countries; Asia-Pacific; Econometric models of International Development; Domestic Investment; Foreign Investment; Savings; Manufacturing. (search for similar items in EconPapers)
JEL-codes: E2 I2 O1 O5 O53 O56 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.usc.es/economet/reviews/aeid14215.pdf
No.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eaa:aeinde:v:14:y:2014:i:2_15

Ordering information: This journal article can be ordered from
http://www.usc.es/economet/info.htm

Access Statistics for this article

More articles in Applied Econometrics and International Development from Euro-American Association of Economic Development
Bibliographic data for series maintained by M. Carmen Guisan ().