Is there a nonlinear relationship between public investment and private investment? Evidence from 21 <scp>Organization for Economic Cooperation and Development</scp> countries

This paper studies the relationship between public investment and private in a sample of 21 Organization for Economic Cooperation Development (OECD) countries 2000 2019. Using panel data nonlinear threshold regression models, empirical results show that there exist levels share investment, real Gross Domestic Product (GDP) growth rate interest affect investment. All estimates support crowding-in effect on In terms policy prescriptions, by increasing OECD governments can expect positive spillovers to