1945

An empirical analysis of the determinants of investment

As discussed in chapter II, “Stylized facts of gross fixed capital formation in Latin America and the Caribbean, 1995-2017”, investment trends in the region partly reflect the nature of economic cycles. It also shows that investment should be analysed not only from a macroeconomic perspective, but also from a microeconomic one and, in particular, on the basis of firms’ investment decisions.

Related Subject(s): Economic and Social Development
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