The impacts of public investment on private investment and economic growth
نویسندگان
چکیده
منابع مشابه
INVESTMENT and ECONOMIC GROWTH
We used unit root and cointegration techniques to determine the long run relationship between GDP and investment for 90 countries using data from World Bank for the period 1960-1992. In the first step of our analysis we found GDP and investment integrated of different orders for 33 countries. Second step of our analysis shows no cointegration between GDP and investment for 25 countries and coin...
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This paper presents empirical evidence that links private investment to rate of return differential, risk aversion, and several types of political and economic risk. Estimating private investment equation for a panel of 25 developing countries over 21 years yields the following results: (i) socio-political instability characterized by nonviolent protests promotes private investment while violen...
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Agricultural infrastructured included the entire body of basic services needed for the growth of an economy and for the improvement of the efficiency of the markets related to food and dietary fiber. Investment in agricultural infrastructure calls for a wide- spread collaboration among the various organization involved in the sector. The main purpose of the present research was to identify...
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Because of external financing costs, private business owners often need to self-finance new investment projects. These self-financing needs create an incentive for business owners to hold financial assets whose payoffs are positively correlated with self-financing needs. If this effect is aggregated, expected returns on financial assets should be negatively correlated with aggregate private inv...
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ژورنال
عنوان ژورنال: Journal of Asian Business and Economic Studies
سال: 2018
ISSN: 2515-964X
DOI: 10.1108/jabes-04-2018-0003