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Linkages between Public Investment, Private Investment and Economic Growth in Syria

Euro-Asian Journal of Economics and Finance

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Field Value
 
Title Linkages between Public Investment, Private Investment and Economic Growth in Syria
 
Creator Mohsen, Adel Shakeeb
 
Subject Syria, economic growth, public investment, private investment, VAR
 
Description This study attempts to investigate the role of public and private sector investment in the Syrian economy over the period 1970-2010. The cointegration test indicates that GDP is positively and significantly related to the public and private sector investment. The Granger causality test indicates unidirectional short-run causality relationship running from GDP to public investment, and bidirectional short-run causality relationships between private investment and GDP. There are also bidirectional long-run causality relationships between public investment, private investment and GDP. The study result indicates that public sector investment has the biggest effect on the GDP, thus the Syrian government should maintain the important role of the public sector, as well as improving the private sector investment.
 
Publisher Academy of Business & Scientific Research
 
Date 2015-07-12
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format —
 
Identifier http://absronline.org/journals/index.php/eajef/article/view/528
 
Source Euro-Asian Journal of Economics and Finance; Vol 3 No 3 (2015): July; 179-187
2310-4929
2310-0184
 
Language eng
 
Relation http://absronline.org/journals/index.php/eajef/article/view/528/549
 
Rights Copyright (c) 2015 Euro-Asian Journal of Economics and Finance