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Public Investment and Growth in the Eastern Caribbean

Public Investment and Growth in the Eastern Caribbean »

Volume/Issue: 2007/124

Series: IMF Working Papers

Author(s): Shaun Roache

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2007

DOI: http://dx.doi.org/10.5089/9781451866889.001

ISBN: 9781451866889

Keywords: growth, rate of return, private investment, private capital, capital expenditure,

This paper quantifies the effect of public investment on growth in the ECCU. The results, emerging from panel vector autoregressions, indicate that the return on public investment, as defined by Perreira (2000), is...

Public Investment and Growth in the Eastern Caribbean

Public Investment and Growth in the Eastern Caribbean »

Source: Public Investment and Growth in the Eastern Caribbean

Volume/Issue: 2007/124

Series: IMF Working Papers

Author(s): Shaun Roache

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2007

ISBN: 9781451866889

Keywords: growth, rate of return, private investment, private capital, capital expenditure,

This paper quantifies the effect of public investment on growth in the ECCU. The results, emerging from panel vector autoregressions, indicate that the return on public investment, as defined by Perreira (2000), is...