EconStor >
Eidgenössische Technische Hochschule (ETH) Zürich >
KOF Konjunkturforschungsstelle, ETH Zürich >
KOF Working Papers, KOF Konjunkturforschungsstelle, ETH Zürich >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/50841
  
Title:Politico-economic determinants of the crowding-in effects of public investments in developing countries PDF Logo
Authors:Atukeren, Erdal
Issue Date:2006
Series/Report no.:Arbeitspapiere // Konjunkturforschungsstelle, Eidgenössische Technische Hochschule Zürich 126
Abstract:This study investigates the politico-economic determinants of the crowding-in effects of public investments in a cross-section of 25 developing countries for the 1975-2000 period using multivariate probit analysis. The estimation results show that public fixed capital investments may crowd in private investments, but this still depends on the developments in the economic, political, and legal environment of business in individual countries. As such, our findings capture the essence of the mixed results found in this literature well and shed further light on the conditions under which public investments are more likely (not) to crowd in private investments in developing countries.
Subjects:Public investment
crowding-in effects
environment of private business
institutions
rule of law
property rights
JEL:E62
H54
O11
Persistent Identifier of the first edition:doi:10.3929/ethz-a-005118427
Document Type:Working Paper
Appears in Collections:KOF Working Papers, KOF Konjunkturforschungsstelle, ETH Zürich

Files in This Item:
File Description SizeFormat
508855675.pdf262.55 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/50841

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.