The Impact of Public Investment on Private Investment: Evidence from India
Executive Summary This paper estimates the impact of public investment on private investment in India during 1970-2013 using ARDL procedure developed by Pesaran and Shin (1999) and Pesaran, Shin, and Smith (2001) by incorporating endogenously determined structural break in the model. The base line r...
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| Format: | Article |
| Language: | English |
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SAGE Publishing
2016-12-01
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| Series: | Vikalpa |
| Online Access: | https://doi.org/10.1177/0256090916676439 |