This study examines the impact of public investment on private investment in South Africa using the autoregressive … public investment crowds in private investment in the long and short run. The NARDL results indicate that the negative shock … in public investment leads to a decrease in private investment in the long and short run. The results show that public …

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 …

This paper contributes to the debate on the relationship between public and private investment in India along the … 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 public and private investment …