Private Investment and Economic Growth in Developing Countries

Released on by International Monetary Fund
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  • Private Investment and Economic Growth in Developing Countries Book Detail

  • Author : International Monetary Fund
  • Release Date : 1989-07-26
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 20
  • ISBN 13 : 1451965249
  • File Size : 15,15 MB
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Private Investment and Economic Growth in Developing Countries by International Monetary Fund PDF Summary

Book Description: 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. This paper sheds some light on this important issue by formulating a simple growth model that separates the effects of public sector and private sector investment. This model is estimated for a cross - section sample of 24 developing countries, and the results support the notion that private investment has a larger direct effect on growth than does public investment.

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Private Investment in Developing Countries

Private Investment in Developing Countries

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This paper analyzes the effects of several policy and other macro-economic variables on the ratio of private investment to GDP in developing countries. Using da