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asymmetric vector autoregressive (VAR) model, the paper finds no real crowding out between public and private investment; rather … to analyze the nonhomogeneity aspects of public investment. The results of the Impulse Response Function reinforced that … investmentin particular, public infrastructure investmentin determining private corporate investment in the medium and long terms …
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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 …
Persistent link: https://www.econbiz.de/10012998775
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 …
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