Verfügbarkeit: Public Education Expenditure and Other Determinants of Private Investment in the Caribbean

Public Education Expenditure and Other Determinants of Private Investment in the Caribbean:

This paper presents an analysis of the determinants of private investment in the Caribbean region, using data for the 1977-91 time period. Drawing on the endogenous growth literature, a model is developed to capture the impact of public education expenditure on private sector capital formation. The...

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1. Verfasser:	Levy, Joaquim Vieira Ferreira (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1994
Schriftenreihe:	IMF Working Papers Working Paper No. 94/122
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper presents an analysis of the determinants of private investment in the Caribbean region, using data for the 1977-91 time period. Drawing on the endogenous growth literature, a model is developed to capture the impact of public education expenditure on private sector capital formation. The implications of this model are tested in the context of an econometric model assessing the impact of education and other variables on the share of private investment in GDP. The empirical results reveal that public education outlays, as well as economic growth, have a significant effect on private capital formation. Public investment has a negative effect on private investment, while real interest rates and external debt burdens are found to have no statistically significant impact on private investment
Beschreibung:	1 Online-Ressource (28 p)
ISBN:	1451854420 9781451854428

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spelling	Levy, Joaquim Vieira Ferreira Verfasser aut Public Education Expenditure and Other Determinants of Private Investment in the Caribbean Levy, Joaquim Vieira Ferreira Washington, D.C International Monetary Fund 1994 1 Online-Ressource (28 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 94/122 This paper presents an analysis of the determinants of private investment in the Caribbean region, using data for the 1977-91 time period. Drawing on the endogenous growth literature, a model is developed to capture the impact of public education expenditure on private sector capital formation. The implications of this model are tested in the context of an econometric model assessing the impact of education and other variables on the share of private investment in GDP. The empirical results reveal that public education outlays, as well as economic growth, have a significant effect on private capital formation. Public investment has a negative effect on private investment, while real interest rates and external debt burdens are found to have no statistically significant impact on private investment Online-Ausg Clements, Benedict J. Sonstige oth http://elibrary.imf.org/view/IMF001/05483-9781451854428/05483-9781451854428/05483-9781451854428.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Levy, Joaquim Vieira Ferreira Public Education Expenditure and Other Determinants of Private Investment in the Caribbean
title	Public Education Expenditure and Other Determinants of Private Investment in the Caribbean
title_auth	Public Education Expenditure and Other Determinants of Private Investment in the Caribbean
title_exact_search	Public Education Expenditure and Other Determinants of Private Investment in the Caribbean
title_exact_search_txtP	Public Education Expenditure and Other Determinants of Private Investment in the Caribbean
title_full	Public Education Expenditure and Other Determinants of Private Investment in the Caribbean Levy, Joaquim Vieira Ferreira
title_fullStr	Public Education Expenditure and Other Determinants of Private Investment in the Caribbean Levy, Joaquim Vieira Ferreira
title_full_unstemmed	Public Education Expenditure and Other Determinants of Private Investment in the Caribbean Levy, Joaquim Vieira Ferreira
title_short	Public Education Expenditure and Other Determinants of Private Investment in the Caribbean
title_sort	public education expenditure and other determinants of private investment in the caribbean
url	http://elibrary.imf.org/view/IMF001/05483-9781451854428/05483-9781451854428/05483-9781451854428.xml
work_keys_str_mv	AT levyjoaquimvieiraferreira publiceducationexpenditureandotherdeterminantsofprivateinvestmentinthecaribbean AT clementsbenedictj publiceducationexpenditureandotherdeterminantsofprivateinvestmentinthecaribbean

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