The Effects of Public and Higher Education on the Economic Growth in Iran A. Naaderi, Ph.D. Assessing the effects of educational investments on economic growth is of special interest to both scholars and policy makers, yet the research findings in this area, especially in countries like Iran, do not provide the necessary platform for decision making. The present study not only assesse...

Public inputs play an important role in investment decisions made by multinational firms. Empirical research suggests that investment in public inputs such as infrastructure can have direct effects on productivity by lowering the average cost curve for private firms, as well as indirect effects by creating positive externalities associated with agglomeration. A general equilibrium model of a sm...

We applaud the advances in this colloquy and the areas of convergence that are emerging. However, this reply points out that the purported benefits of “bait and switch” found in Hess and Gerstner (1998) are predicated upon (i) only a single component (availability) within the broader domain of bait and switch; (ii) the assumption that one of the parameters in the consumer utility function diffe...

This article analyzes determinants of growth across labor markets in the United States, using a production function approach based on four inputs: labor, manufacturing investment, human capital investment, and public capital investment. We find little role for public capital investment in growth, but that manufacturing investment spurred growth in nonmetropolitan areas, in contrast to metropoli...

BACKGROUND Health care is a less important determinant of health than behaviour and the environment but paradoxically, spending on health in most countries suggests the opposite. What determines these health policy and funding decisions, and might there be ways to increase investment in public health? METHODS Published papers, reviews and reports on the cost-effectiveness of public health int...

This study investigates the impact of corruption on public and private investment in African countries as a way of exploring one channel through which corruption undermines growth. The empirical results indicate that corruption affects economic growth directly and through its impact on investment. We find that corruption has a negative and significant effect on domestic investment and that corr...

attracting foreign investment is a technique to achieve economic development, which requires establishment of appropriate legal and administrative infrastructure. in addition, host countries may ignore their public interest and national security. therefore, they have to maintain a balance between economic development and protection of national security. the concern over the national security as...

Introducing private capital into the public transport system for its sustainable development has been increasing around the world. However, previous research ignores emissions and energy consumption impacts, which are important for private capital investment policy-making. To address this problem, the system dynamic (SD) approach was used to quantitatively analyze the cumulative effects of diff...

This study examined the effect of public investment on private and their relative effects Ethiopia economic growth. The employed ARDL bounds testing approach. empirical results revealed that has a crowding-in in long run which means, stimulates run. However, crowding out investment. In other word, no direct impact growth significant positive while it is negatively related to short suggests posi...

This paper assesses total factor productivity (TFP) growth in India, examines the sources of productivity growth, including public and private investment, and estimates the rates of return to public investments in agriculture. The results show that significant TFP growth in the Indian crops sector was produced by investments -primarily in research -but also in extension, markets, and irrigation...