The Institute of Development Studies and Partner Organisations
Browse

Capital growth and development policy : the Kenyan experience

Download (3.62 MB)
report
posted on 2024-09-05, 23:41 authored by Oyugi Aseto
The 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.

History

Publisher

Institute for Development Studies, University of Nairobi

Citation

Aseto, Oyugi (1977) Capital growth and development policy : the Kenyan experience. Working paper no. 311, Nairobi: Institute for Development Studies, University of Nairobi

Series

Working Papers. 311

IDS Item Types

Series paper (non-IDS)

Copyright holder

Institute for Development Studies, University of Nairobi

Language

en

Usage metrics

    Institute for Development Studies, University of Nairobi, Kenya

    Categories

    No categories selected

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC