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The Effect Of Public Investments On Private Sector Investments In Turkey:1970-2009

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  • Mehmet Cural
  • Recep Emre Ericok
  • Veli Yilanci

    ()
    (Istanbul University
    Istanbul University
    Istanbul University)

Abstract

In 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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File URL: http://www.anadolu.edu.tr/arastirma/hakemli_dergiler/sosyal_bilimler/pdf/2012_1/2012-01-06.pdf
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Bibliographic Info

Article provided by Anadolu University in its journal Anadolu University Journal of Social Sciences.

Volume (Year): 12 (2012)
Issue (Month): 1 (March)
Pages: 73-88

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Handle: RePEc:and:journl:v:12:y:2012:i:1:p:73-88

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Related research

Keywords: Public investment; private investment; crowding out effect; crowding in effect; structural change.;

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