بررسی تأثیر مخارج مصرفی و سرمایه ای دولت بر سرمایه گذاری بخش خصوصی در ایران
Effects of Government Consumption and Investment Expenditures on Private Investment in Iran: 1971-2005
Felor Ebghaei
MPRA Paper from University Library of Munich, Germany
Abstract:
This study aims to investigate the effects of government expenditures on private investment in Iran over the period 1971 - 2005. The government expenditures are disaggregated into consumption and investment expenditures.The empirical studies of the issue are carried out via Johansen cointegration analyses. The evidence suggests that the government investment expenditures complement and stimulate private investment, while the government consumption expenditures have been crowding out private investment.
Keywords: Private Investment; Government Consumption Expenditure; Government Investment Expenditure; Cointegration (search for similar items in EconPapers)
JEL-codes: E21 E62 (search for similar items in EconPapers)
Date: 2008-06, Revised 2017-03
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Citations:
Published in The Economic Research (Sustainable Growth and Development) 1.8(2008): pp. 1-20
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:77900
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