This paper investigates the determinants of private investment in Pakistan with special emphasis on the impact of … government investment. Using annual data for the period 1973/74-1991/92, it is estimated that private investment was positively … correlated to GDP growth, to credit extended to the private sector, and to government investment. When government investment is …

This paper contributes to the debate on the relationship between public-capital accumulation and private investment in … the past three decades, we study whether public investment in recent years has become more or less complementary to … private investment in comparison to the period before 1980. Second, we construct a novel data-set of quarterly aggregate …

the impact of state-owned enterprises (SOEs) on private firm investment in Ukraine-a large transition economy. Controlling …

. This implies that domestic debt purchases displace productive investment. The model shows that these purchases reduce … crisis erupted and pushed them into deep recessions, raising their deficits and debt levels. By 2010, they were facing severe … debt problems. Spreads increased and, surprisingly, so did the share of the debt held by domestic creditors. Credit was …

One objective of government investment is to develop public infrastructure which may reduce private sector costs. In a …

While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often … public investment in a large sample of road construction projects in developing countries. Consistent with the presence of … absorptive capacity constraints, our results show a non-linear U-shaped relationship between public investment and project costs …

This paper provides empirical support for the view that enhanced economic security fosters private investment and … improved since the mid-1980s; that private investment is mostly influenced by the risk of expropriation, the degree of civil …

Private sector investment has been a key source of growth in Malaysia over the last three decades, but after an …, this paper aims to explain these trends and their implications for Malaysia''s investment and growth outlook. Aggregate … perceptions as important determinants of the recent decline in private investment. Meanwhile, firm-level data suggest that low …

Despite the growing support for market-oriented strategies, and for a greater role of private investment, empirical … growth models for developing countries typically make no distinction between the private and public components of investment … public sector and private sector investment. This model is estimated for a cross - section sample of 24 developing countries …