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Private Investment and Economic Growth: Evidence from Ethiopia


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  • Product Description

The Share of Private investment in Gross Domestic Product of a country shows its role in the economy by creating employment opportunity, higher income and increased foreign currency earnings.This paper has used the neoclassical growth framework to see relationship among various economic growth factors in Ethiopian context employing co-integrated vector autoregressive model .Results suggest that both private and public investment contributed positively to economic growth for the period under study.Moreover,the impact of private investment for real growth has been greater than that of the public sector investment.Public sector investment also has complementarity with the private capital formation,implying that crowding in impact of public investment on the private investment.

Product Specifications
SKU :COC16693
AuthorAbdulkader Hussen Mussa
Number of Pages72
Publishing Year11/30/2010
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-25 00:00:00