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dc.creatorAseto, Oyugi
dc.date2011-10-13T13:55:07Z
dc.date2011-10-13T13:55:07Z
dc.date1977-06
dc.date.accessioned2013-01-04T16:47:32Z
dc.date.available2013-01-04T16:47:32Z
dc.date.issued04-01-13
dc.identifierAseto, Oyugi (1977) Capital growth and development policy : the Kenyan experience. Working paper no. 311, Nairobi: Institute for Development Studies, University of Nairobi
dc.identifierhttp://opendocs.ids.ac.uk/opendocs/handle/123456789/1182
dc.identifier322542
dc.identifier.urihttp://hdl.handle.net/11295/7618
dc.descriptionThe purpose of this paper is to discuss the role of capital investment in growth and development policy, with particular reference to Kenya. The conclusion reached, through the application of regression and correlation analysis, is that (a) capital investment is a necessary but insufficient condition for the growth of the economy; (b) capital investment has little or no correlation with growth in some industrial sectors; and (c) capital investment contributes significantly in the industries which use machines and equipments. The policy for growth should distinguish between these economic sectors.
dc.languageen
dc.publisherInstitute for Development Studies, University of Nairobi
dc.relationWorking Papers.;311
dc.rightshttp://creativecommons.org/licenses/by-nc-nd/3.0/
dc.rightsInstitute for Development Studies, University of Nairobi
dc.subjectEconomic Development
dc.subjectDevelopment Policy
dc.titleCapital growth and development policy : the Kenyan experience
dc.typeSeries paper (non-IDS)


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