@article {2606,
	title = {Private Investment, Uncertainty and Irreversibility in Uganda},
	journal = {The African Finance Journal},
	volume = {3},
	year = {2001},
	pages = {1-26},
	abstract = {The paper uses panel data on Ugandan firms and a measure of idiosyncratic\&nbsp;uncertainty to determine the nature of investment sensitivity to changes in\&nbsp;perceived uncertainty among firms with different degrees of investment reversibility.\&nbsp;Using a sample selection technique to fit a modified version of an accelerator\&nbsp;model, the paper yielded results consistent with predictions of theories of\&nbsp;irreversible investment. The results indicate a negative relationship between\&nbsp;uncertainty and investment. Findings also indicate that uncertainty has a greaternegative effect on investment for firms with less reversible investment.},
	author = {Alexander Bilson Darku}
}
