Agenor, Pierre-Richard; Nabli, Mustapha K.; Yousef, Tarik - 2006
infrastructure has both flow and stock effects on private investment in Egypt, but only a stock effect in Jordan and Tunisia. But … East and North Africa: Egypt, Jordan, and Tunisia. The first part highlights various channels through which public … infrastructure may affect private investment. The second part describes our empirical framework, which is based on a VAR model that …