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The study uses the flexible accelerator model to examine determinants of the level and growth of investment in machinery and equipment for a sample of tea-processing firms in Uganda. Using a dynamic panel data model, we find that, in the long run, the level of investment in machinery and equipmen...


Twine, Edgar E.Kiiza, B.Bashaasha, B.[The flexible accelerator model of investment: An application to Ugandan tea-processing firms]The flexible accelerator model of investment: An application to Ugandan tea-processing firms

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