The Nexus between Government Investment Expenditure and Private Investment in Ghana

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dc.contributor.authorOfori-Abebrese, Grace
dc.date.accessioned2018-06-04T16:43:54Z
dc.date.accessioned2023-04-19T00:38:38Z
dc.date.available2018-06-04T16:43:54Z
dc.date.available2023-04-19T00:38:38Z
dc.date.issued2016-02
dc.descriptionArticle published in the European Journal of Social Sciences, 2016en_US
dc.description.abstractThis study employs both ARDL model and Granger causality test to examine and test the direction of causality between government investment expenditure and private investment in Ghana for the period 1970 to 2013. The study revealsthat, in both long run and short run, government investment expenditure has an insignificant negative impact on private investment. It is also established that there isa bi-causal relationship between government investment expenditure and private sector investment in Ghana. Based on the bi-causal relationship, the study advocates the need for government to invest more in physical infrastructure and human capital in order to reverse the negative and insignificant effect of government investment expenditure on private investment.en_US
dc.description.sponsorshipKNUSTen_US
dc.identifier.citationEuropean Journal of Social Sciences Vol. 51 No 2 pp.193-205en_US
dc.identifier.issn1450-2267
dc.identifier.urihttps://ir.knust.edu.gh/handle/123456789/11270
dc.language.isoenen_US
dc.publisherEuropean Journal of Social Sciencesen_US
dc.subjectGovernment investment expenditureen_US
dc.subjectprivate investmenten_US
dc.subjectARDLen_US
dc.subjectGranger causalityen_US
dc.titleThe Nexus between Government Investment Expenditure and Private Investment in Ghanaen_US
dc.typeArticleen_US
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