We study the macroeconomic effects of public and private investment in 17 OECD economies through a VAR analysis with … annual data from 1960 to 2014. From impulse response functions we find that public investment had a positive growth effect in … most countries, and a contractionary effect in Finland, UK, Sweden, Japan, and Canada. Public investment led to private …

The relationship between foreign direct investment and domestic investment is intriguing. An important question arises … - does foreign direct investment crowd in or crowd out domestic investment? This paper examines this nexus in the post-1991 … investment and domestic investment was analysed using cointegration test. Thereafter, the vector error correction model was …

. Moreover, micro-founded variables are scarcely employed in macroeconomic forecasting of real investment. We fill this gap by … considering a battery of univariate and multivariate time-series models to forecast investment of non-financial corporations in …

The relationship between foreign direct investment and domestic investment is intriguing. An important question arises … - does foreign direct investment crowd in or crowd out domestic investment? This paper examines this nexus in the post-1991 … investment and domestic investment was analysed using cointegration test. Thereafter, the vector error correction model was …

of private investment, we estimated a private investment function for the 1975-2014 period. Our main finding is that … democracy has a profound positive impact on private investment. Moreover, the results show that: (i) public investment is a … substitute to private investment; (ii) macroeconomic instability dissuades private investment; (iii) real interest is a serious …

This paper uses a neoclassical investment model extended with installation costs for capital, agency costs for … investment financing, and the possibility of the firm being output constrained as a framework for an empirical analysis of … investment behaviour in the Swedish manufacturing industry. The theory is implemented within a multivariate error …

There is ample evidence from economic growth literature that investment accelerates economic growth and development of … focused more on encouraging private sector investment through the development of the financial sector. This paper investigates … the short- and long-run impact of financial development on private investment in Ghana for the years 1970 …

The aim of this paper is to empirically examine the relationship between saving and investment for 6 Middle East and … Model. The long run estimation reveals causality between investment and saving for the entire sample. The Granger causality … tests confirm this result and validate the presence of bidirectional causal relationship between investment and saving …

This paper examines the dynamic relationship between Private Domestic Investment (PDI), Foreign Direct Investment (FDI …) and Public Investment (PU) in India for the period 1978-79 to 2009-10. Zivot and Andrews test has been used to know the … structural break points in the data series. The empirical results derived from structural VAR model indicate that FDI has …