Public Investment and Competitiveness in ECOWAS: An Empirical Investigation

Akpan H. Ekpo ()
Additional contact information
Akpan H. Ekpo: West African Institute for Financial and Economic Management (WAIFEM)

A chapter in Investment and Competitiveness in Africa, 2017, pp 51-68 from Springer

Abstract: Abstract The paper, using regression analysis, ascertains whether public investment and competitiveness enhance economic growth and development in the economies of ECOWAS. Panel data results show that public investment, government consumption democracy have positive impact on growth while openness, private investment and inflation show negative relationship under fixed effects analysis. Similar arguments have positive and negative relationships with economic development and are statistically significant. The vector error correction estimates indicate various speed of adjustments from short to long-run equilibrium conditions.

Keywords: Public investment; Government spending; Democracy; Competitiveness (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:aaechp:978-3-319-44787-2_3

Ordering information: This item can be ordered from
http://www.springer.com/9783319447872

DOI: 10.1007/978-3-319-44787-2_3

Access Statistics for this chapter

More chapters in Advances in African Economic, Social and Political Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().