博茨瓦纳公共投资对私人投资的影响:一种分类方法

Q1 Social Sciences

Review of Black Political Economy Pub Date : 2023-11-07 DOI:10.1177/00346446231212129

Glenda Maluleke, NM Odhiambo, Sheilla Nyasha

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引用次数: 0

摘要

该研究使用自回归分布滞后边界检验方法检验了1980年至2018年博茨瓦纳公共投资对私人投资的挤出效应。研究结果表明，在短期内，基础设施公共投资对私人投资具有负向影响，而非基础设施公共投资对私人投资具有正向影响。研究得出结论，基础设施公共投资挤占私人投资，而非基础设施公共投资只在短期内挤占私人投资。该研究提出的建议是，政府应该在非基础设施公共投资上投入更多资金，以吸引私人投资，特别是在短期内，并推出更多举措，以促进私营部门在经济增长中的作用。

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The Impact of Public Investment on Private Investment in Botswana: A Disaggregated Approach

The study examined the crowding in or out effect of public investment on private investment in Botswana from 1980 to 2018 using the autoregressive distributed lag bounds testing approach. The findings of the study indicate that infrastructure public investment negatively affects private investment while non-infrastructure public investment has a positive impact on private investment in the short run. The study concluded that infrastructure public investment crowd out private investment while non-infrastructure public investment crowds in private investment only in the short run. The recommendation emanating from the study is that the government should spend more on non-infrastructure public investment in order to crowd in private investment, especially in the short run, and introduce more initiatives to promote the role of the private sector in growing the economy.

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来源期刊

Review of Black Political Economy Social Sciences-Cultural Studies

CiteScore

2.80

自引率

0.00%

发文量

期刊介绍： The Review of Black Political Economy examines issues related to the economic status of African-American and Third World peoples. It identifies and analyzes policy prescriptions designed to reduce racial economic inequality. The journal is devoted to appraising public and private policies for their ability to advance economic opportunities without regard to their theoretical or ideological origins. A publication of the National Economic Association and the Southern Center for Studies in Public Policy of Clark College.