LEADER 03044nam 2200577Ia 450 001 9910452408003321 005 20200520144314.0 010 $a1-4639-5085-3 010 $a1-4639-5026-8 035 $a(CKB)2550000000106451 035 $a(EBL)1606617 035 $a(SSID)ssj0000949371 035 $a(PQKBManifestationID)11512171 035 $a(PQKBTitleCode)TC0000949371 035 $a(PQKBWorkID)10996603 035 $a(PQKB)11414419 035 $a(MiAaPQ)EBC1606617 035 $a(Au-PeEL)EBL1606617 035 $a(CaPaEBR)ebr10569535 035 $a(OCoLC)779529754 035 $a(EXLCZ)992550000000106451 100 $a20111102d2012 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aDoes the business environment affect corporate investment in India?$b[electronic resource] /$fprepared by Kiichi Tokuoka 210 $aWashington, D.C. $cInternational Monetary Fund$d2012 215 $a1 online resource (24 p.) 225 0 $aIMF working paper ;$vWP/12/70 300 $aDescription based upon print version of record. 311 $a1-4639-5025-X 311 $a1-4639-3906-X 327 $aCover; Contents; I. Introduction; Figures; 1. Investment in India; II. Analysis of Macroeconomic Data; Tables; 1. Impact of Macroeconomic Variables on Corporate Investment; III. Analysis of Firm-Level Micro Panel Data; 2. Estimation of Investment Function; 3. Estimation of Investment Function Using Subsamples; 2. Determinants of Corporate Investment; 3. Business Environment Indices; 4. Variability of Business Environment within India; 4. Regression of Profitability; Box; 1. Studies Utilizing Variability within India; IV. Policy Issues and Conclusions 327 $a5. Estimated Aggregate Impact of Reducing Costs of Doing BusinessReferences; Appendices; A. Regression Results Using Alternative Data Set; B. Description of Semi-aggregate Data 330 $aSince the global financial crisis, corporate investment has been weak in India. Sluggish corporate investment would not only moderate growth from the demand side but also constrain growth from the supply side over time. Against this background, this paper analyzes the reasons for the slowdown and discusses how India can boost corporate investment, using both macro and firm-level micro data. Analysis of macro data indicates that macroeconomic factors can largely explain corporate investment but that they do not appear to account fully for recent weak performance, suggesting a key role of the bu 410 0$aIMF Working Papers 606 $aCorporations$zIndia$xFinance 606 $aInvestments$zIndia 608 $aElectronic books. 615 0$aCorporations$xFinance. 615 0$aInvestments 700 $aTokuoka$b Kiichi$0918417 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910452408003321 996 $aDoes the business environment affect corporate investment in India$92059323 997 $aUNINA