AN EXPLORATORY STUDY ON DETERMINANTS OF GOVERNMENT INVESTMENT IN PAKISTAN

Autor:	Ahsan ABBAS, Ghulam MUSTIFA, Eatzaz AHMAD
Jazyk:	angličtina
Rok vydání:	2022
Předmět:	government investment public investment general government investment investment behavior ardl pakistan. Economic growth development planning HD72-88 Economic theory. Demography HB1-3840
Zdroj:	Pakistan Journal of Applied Economics, Vol 32, Iss 1, Pp 33-50 (2022)
Druh dokumentu:	article
ISSN:	0254-9204 2519-0431
Popis:	The study attempts to explore the determinants of government investment (public investment, including general government investment) in Pakistan using the autoregressive distributed lags (ARDL) estimation technique over the period 1964 to 2015. Both theoretical and empirical content available in the literature is employed to develop an econometric model to analyse the government investment behaviour in the case of a developing country like Pakistan. The findings of empirical estimation indicate that budget deficit, output growth and foreign capital in-flow boost government investment while domestic borrowing, military regimes and inflation discourage government/public sector’s investment activity.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/9f685c701bb646319e48cfd1a5c681a6 Zobrazit plný text záznamu View record in DOAJ