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dc.contributor.authorNarayan, Paresh
dc.contributor.editorD Salvatore, Antonio Maria Costa (Editor-in-Chief)
dc.date.accessioned2017-05-03T14:34:41Z
dc.date.available2017-05-03T14:34:41Z
dc.date.issued2004
dc.date.modified2007-03-18T21:42:36Z
dc.identifier.issn01618938
dc.identifier.urihttp://hdl.handle.net/10072/5348
dc.description.abstractIn this paper, we investigate whether government investment crowds out or crowds in private investment for Fiji over the period 1950-2001. We begin by searching endogenously for break points in the data series using the Zivot and Andrews [J. Business Economic Stat. 10 (1992) 251-270] test. Upon finding that 1975 is the statistically significant break date, we divide the sample into two. Using the error correction mechanism test, we find that government and private investments are cointegrated over the period 1950-1975, but not for the period 1976-2001. We also find that in the former period government investment has crowded in private investment, while in the latter period the relationship between government and private investments has been statistically weak.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.languageEnglish
dc.language.isoeng
dc.publisherElsevier
dc.publisher.placeUSA
dc.publisher.urihttp://www.elsevier.com/wps/find/journaldescription.cws_home/505735/description#description
dc.relation.ispartofpagefrom747
dc.relation.ispartofpageto753
dc.relation.ispartofjournalJournal of Policy Modeling
dc.relation.ispartofvolume26
dc.subject.fieldofresearchApplied Economics
dc.subject.fieldofresearchEconometrics
dc.subject.fieldofresearchPolicy and Administration
dc.subject.fieldofresearchcode1402
dc.subject.fieldofresearchcode1403
dc.subject.fieldofresearchcode1605
dc.titleDo Public Investments Crowd Out Private Investments? Fresh Evidence from Fiji
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.rights.copyright© 2004 Elsevier : Reproduced in accordance with the copyright policy of the publisher : This journal is available online
gro.date.issued2004
gro.hasfulltextNo Full Text
gro.griffith.authorNarayan, Paresh


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