Optimal capital accumulation and the allocation of investment between traded and nontraded sectors in oil-producing countries.
| Authors |
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| Publication date |
1985
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| Journal |
The Scandinavian Journal of Economics
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| Volume | Issue number |
87 | 1
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| Pages (from-to) |
89--
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| Number of pages |
13
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| Organisations |
-
Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
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| Abstract |
A paper on the optimal capital accumulation and allocation of investment in oil exporting countries. Investigates the basis of consumption and investment levels on optimizing forward-looking behavior, the role of physical capital in the production, the impact of the decline in oil revenues on the reallocation of capital into the traded goods sector.
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| Document type |
Article
|
| Published at |
https://doi.org/10.2307/3439794
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