Analyzing the constraints to private investment in manufacturing industry

Authors

  • Hojat Ranjbar Department of Business Management , Science and Research Branch, Islamic Azad University, kermanshah, IRAN
  • Ebrahim Abassi Department of Business Management, Alzahra University, Tehran, IRAN

Keywords:

Industry, constraint, investment

Abstract

This paper identifiesthe main impediments to investment and industrial productivity, which have ledto a decline in growth. This is done by analyzing the impediments andconstraints to productivity and investment using the World Bank’s 2007Investment Climate Assessment (ICA) data at the seven of level main industrialzones. An inadequate workforce, access to raw materials, and corruption wereranked third, fourth, and fifth, respectively. Will a market economy alwayssupply funds for profitable investment projects?The answer to this question isimportant for policy makers seeking economic efficiency at the micro level, andfor our understanding of the business cycle at the macro level. The purpose ofthis paper is to investigate the presence and the economic importance of creditmarket imperfections within a structural model of firm investment.

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Published

2014-10-29

How to Cite

Ranjbar, H. ., & Abassi, E. . (2014). Analyzing the constraints to private investment in manufacturing industry. Scientific Journal of Pure and Applied Sciences, 3(10), 855-860. Retrieved from http://www.sjournals.com/index.php/sjpas/article/view/465

Issue

Section

Management Science/Operations Research