TY  - BOOK
ED  - International Monetary Fund.
TI  - Private Investment and Economic Growth in Developing Countries
T2  - IMF Working Papers; Working Paper
SN  - 1451965249 :
SN  - 1018-5941
PY  - 1989///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Fixed Capital
KW  - imf
KW  - Human Capital
KW  - Private Investment
KW  - Public Investment
KW  - Argentina
KW  - Chile
KW  - Dominican Republic
KW  - Sri Lanka
KW  - Trinidad and Tobago
N2  - Despite the growing support for market-oriented strategies, and for a greater role of private investment, empirical growth models for developing countries typically make no distinction between the private and public components of investment. This paper sheds some light on this important issue by formulating a simple growth model that separates the effects of public sector and private sector investment. This model is estimated for a cross - section sample of 24 developing countries, and the results support the notion that private investment has a larger direct effect on growth than does public investment
UR  - http://elibrary.imf.org/view/IMF001/15648-9781451965247/15648-9781451965247/15648-9781451965247.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451965247
ER  -