✦ LIBER ✦

Economics of energy investment

✍ Scribed by Gordon S. MacKerron

Publisher: Elsevier Science
Year: 1984
Tongue: English
Weight: 213 KB
Volume: 12
Category: Article
ISSN: 0301-4215
DOI: 10.1016/0301-4215(84)90043-0

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## Abstract This paper presents empirical evidence that links private investment to rate of return differential, risk aversion, and several types of political and economic risk. Estimating private investment equation for a panel of 25 developing countries over 21 years yields the following results: