Maluleke, Glenda; Odhiambo, Nicholas M.; Nyasha, Sheilla - In: Cogent economics & finance 11 (2023) 1, pp. 1-18
This study examines the impact of public investment on private investment in South Africa using the autoregressive distributed-lag (ARDL) and nonlinear ARDL bounds testing approach for the period from 1980 to 2018. The ARDL results show that public investment crowds in private investment in the...