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Crowding-Out or Crowding-In? Public and Private Investment in India1

Crowding-Out or Crowding-In? Public and Private Investment in India1 »

Source: Crowding-Out or Crowding-In? Public and Private Investment in India

Volume/Issue: 2015/264

Series: IMF Working Papers

Author(s): Girish Bahal , Mehdi Raissi , and Volodymyr Tulin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 December 2015

ISBN: 9781513541655

Keywords: Public investment, Private investment, Crowding in, Crowding out, Permanent shocks, Structural identification, Vector error correction models, investment, capital, investment activity

This paper contributes to the debate on the relationship between public-capital accumulation and private investment in India along the following dimensions. First, acknowledging major structural changes that the In...

Crowding-Out or Crowding-In? Public and Private Investment in India

Crowding-Out or Crowding-In? Public and Private Investment in India »

Volume/Issue: 2015/264

Series: IMF Working Papers

Author(s): Girish Bahal , Mehdi Raissi , and Volodymyr Tulin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 December 2015

DOI: http://dx.doi.org/10.5089/9781513541655.001

ISBN: 9781513541655

Keywords: Public investment, Private investment, Crowding in, Crowding out, Permanent shocks, Structural identification, Vector error correction models, investment, capital, investment activity

This paper contributes to the debate on the relationship between public-capital accumulation and private investment in India along the following dimensions. First, acknowledging major structural changes that the In...