Share

Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries

1993-06 Business & Economics
Download Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries PDF Online Free

Author :
Release : 1993-06
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries by : Mohsin S. Khan

Download or read book Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries written by Mohsin S. Khan. This book was released on 1993-06. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the extent to which there has been convergence in real per capita incomes across developing countries during the last two decades. In the analysis particular emphasis is placed on the separate roles played by private and public sector investment in determining both the extent and the speed of convergence. The paper also considers the importance of the stock of human capital, trade orientation, and foreign direct investment in the long-run growth process. Empirical tests are carried out for a large sample of 95 developing countries over the period 1970-90. The results provide support for the notion of differential effects of public and private investment on long-term growth, as well as for the convergence hypothesis.

Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries

2006
Download Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries PDF Online Free

Author :
Release : 2006
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries by : Mohsin S. Khan

Download or read book Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries written by Mohsin S. Khan. This book was released on 2006. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the extent to which there has been convergence in real per capita incomes across developing countries during the last two decades. In the analysis particular emphasis is placed on the separate roles played by private and public sector investment in determining both the extent and the speed of convergence. The paper also considers the importance of the stock of human capital, trade orientation, and foreign direct investment in the long-run growth process. Empirical tests are carried out for a large sample of 95 developing countries over the period 1970-90. The results provide support for the notion of differential effects of public and private investment on long-term growth, as well as for the convergence hypothesis.

PUBLIC AND PRIVATE INVESTMENT AND THE CONVERGENCE OF PER CAPITS INCOMES IN DEVELOPING COUNTRIES

1993
Download PUBLIC AND PRIVATE INVESTMENT AND THE CONVERGENCE OF PER CAPITS INCOMES IN DEVELOPING COUNTRIES PDF Online Free

Author :
Release : 1993
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis PUBLIC AND PRIVATE INVESTMENT AND THE CONVERGENCE OF PER CAPITS INCOMES IN DEVELOPING COUNTRIES by : Mohsin S. Khan

Download or read book PUBLIC AND PRIVATE INVESTMENT AND THE CONVERGENCE OF PER CAPITS INCOMES IN DEVELOPING COUNTRIES written by Mohsin S. Khan. This book was released on 1993. Available in PDF, EPUB and Kindle. Book excerpt:

Growth in Sub-Saharan Africa

1995-12-01 Business & Economics
Download Growth in Sub-Saharan Africa PDF Online Free

Author :
Release : 1995-12-01
Genre : Business & Economics
Kind : eBook
Book Rating : 753/5 ( reviews)

GET EBOOK


Book Synopsis Growth in Sub-Saharan Africa by : Mr.Dhaneshwar Ghura

Download or read book Growth in Sub-Saharan Africa written by Mr.Dhaneshwar Ghura. This book was released on 1995-12-01. Available in PDF, EPUB and Kindle. Book excerpt: The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies.

Private Investment and Economic Growth in Developing Countries

1989-07-26 Business & Economics
Download Private Investment and Economic Growth in Developing Countries PDF Online Free

Author :
Release : 1989-07-26
Genre : Business & Economics
Kind : eBook
Book Rating : 249/5 ( reviews)

GET EBOOK


Book Synopsis Private Investment and Economic Growth in Developing Countries by : International Monetary Fund

Download or read book Private Investment and Economic Growth in Developing Countries written by International Monetary Fund. This book was released on 1989-07-26. Available in PDF, EPUB and Kindle. Book excerpt: 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.

You may also like...