PUBLIC AND PRIVATE INVESTMENT AND ECONOMIC-GROWTH IN MEXICO

Authors
NAZMI N RAMIREZ MD
Citation
N. Nazmi et Md. Ramirez, PUBLIC AND PRIVATE INVESTMENT AND ECONOMIC-GROWTH IN MEXICO, Contemporary economic policy, 15(1), 1997, pp. 65-75
Citations number
47
Categorie Soggetti
Public Administration",Economics
Journal title
Contemporary economic policy → ACNP
ISSN journal
10743529
Volume
15
Issue
1
Year of publication
1997
Pages
65 - 75
Database
ISI
SICI code
1074-3529(1997)15:1<65:PAPIAE>2.0.ZU;2-A
Abstract
This paper analyzes the impact on economic growth of public and privat e investment spending in Mexico. Public investment expenditures had a positive and significant effect on output growth. Public investment's impact an economic growth was statistically identical to the impact of private capital spending. The contribution of public investment to ou tput expansion came at the expense of private investment as indicating a significant crowding out effect.