Testing the impact of disaggregated investment on Economic growth
Meryem Duygun Fethi,
Salih Turan Katirciglu () and
Sami Fethi
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Meryem Duygun Fethi: University of Leicester
Salih Turan Katirciglu: BANKING AND FINANCE EASTERN MEDITERRANEAN UNIVERSITY
Sami Fethi: Eastern Mediterranean University
Authors registered in the RePEc Author Service: Salih Turan Katircioglu ()
No 370, Computing in Economics and Finance 2006 from Society for Computational Economics
Abstract:
This paper investigates the link between different disaggregating of investment and economic growth based on the exogenous growth model in order to shed light on which type of disaggregated investment can better promote economic growth in the Cyprus economy. We employed multivariate cointegration and causality techniques for analysing a disaggregated investment version of the Augmented Solow Growth model, which basically embodies investment in the tourism sector and investment in the non-tourism sector by adopting the framework introduced by Mankiw et al. (1992), by Benhabib and Spiegel (1994), and Temple (1998)
Keywords: Disaggregating investment, exogenous growth; co-integration analysis; small island economies; Cyprus (search for similar items in EconPapers)
JEL-codes: C22 F43 (search for similar items in EconPapers)
Date: 2006-07-04
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Persistent link: https://EconPapers.repec.org/RePEc:sce:scecfa:370
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