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The Role of the Exchange Rate on Investment Growth in the Mining Sector: Evidence from the Balance Sheet Hypothesis

  • Gumata N
  • Ndou E
Springer International Publishing, (2019), 289-310
DOI: 10.1007/978-3-030-30884-1_14
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Abstract

Is there a balance sheet channel transmitting negative shocks to mining commodity prices and exchange rate depreciations into the mining sector investment, foreign debt and intermediate imports? Evidence in this chapter indicates that mining investment declines …

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Gumata, N., & Ndou, E. (2019). The Role of the Exchange Rate on Investment Growth in the Mining Sector: Evidence from the Balance Sheet Hypothesis. In Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa (pp. 289–310). Springer International Publishing. https://doi.org/10.1007/978-3-030-30884-1_14

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