Erden, Lutfi; Holcombe, Randall G. - In: Eastern Economic Journal 32 (2006) 3, pp. 479-492
This study uses panel data from 19 developing countries from 1980 to 1997 to examine the impact of public investment on private investment. A model is developed to identify both the short run and long-run effects of public investment on private investment, builds in the role of uncertainty on...
