Determinants of Private Industrial Investment in Ethiopia
| dc.contributor.advisor | Mulat, Teshome (Prof ) | |
| dc.contributor.author | Mekonnen, Getachew | |
| dc.date.accessioned | 2021-11-11T11:33:41Z | |
| dc.date.accessioned | 2023-11-04T10:31:53Z | |
| dc.date.available | 2021-11-11T11:33:41Z | |
| dc.date.available | 2023-11-04T10:31:53Z | |
| dc.date.issued | 1997-05 | |
| dc.description.abstract | Despite the importance of private sector in economic development, private industrial investment in Ethiopia has been encountered with a number of serious problems and, as a result, its development level remains low. These problems are related to lack of demand, lack of credit, lack of technology, lack of inputs, inappropriate policy, and lack of infrastructure. This study has identified the root causes of these problems with their degree of severity applying non-parametric techniques. This helps to know how private manufacturing industrial owners and potential investors perceive the impact of financial, regulatory, technical, marketing and other constraints . The response of the respondents indicates that these problems are a serious constraints to undertake industrial investment and expansion. The most severe problems to undertake industrial investment in Ethiopia are related with credit and policy. The severity of the problems which handicapped industrial investment are independent of regional location of industries. Therefore, it is important to policy makers to focus on solutions for common problems of industrial expansion and investment in various regions. In order to understand the partial effects of different factors determining private industrial investment in Ethiopia, OLS regressions for short -run model specifications are estimated for the period 1970/71-1994/95 . The regression results indicates that while the GDP, credit availability, government capital expenditure and real interest rate had insignificant contribution, the retained earnings (the industry's cash inflow) has a significant role in private manufacturing investment | en_US |
| dc.identifier.uri | http://etd.aau.edu.et/handle/123456789/28605 | |
| dc.language.iso | en | en_US |
| dc.publisher | A.A.U | en_US |
| dc.subject | Determinants of Private | en_US |
| dc.subject | Ethiopia | en_US |
| dc.subject | Industrial Investment | en_US |
| dc.title | Determinants of Private Industrial Investment in Ethiopia | en_US |
| dc.type | Thesis | en_US |