The Effect Of Public Investments On Private Sector Investments In Turkey:1970-2009
AbstractIn this study, we analyze what kind of effect public investment has on private sector investment by employing unit root and cointegration tests, which allow a structural break between 1970-2009. The results, we obtained, show that the public investment has crowding in effect on private sector investment, that is an increase in public investments create also an increase in the private sector investments in the analysis period.
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Bibliographic InfoArticle provided by Anadolu University in its journal Anadolu University Journal of Social Sciences.
Volume (Year): 12 (2012)
Issue (Month): 1 (March)
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Web page: http://www.anadolu.edu.tr/akademik/birim/genelBilgi/205/3429/1
More information through EDIRC
Public investment; private investment; crowding out effect; crowding in effect; structural change.;
Find related papers by JEL classification:
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models &bull Diffusion Processes
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
- H40 - Public Economics - - Publicly Provided Goods - - - General
- H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
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