Keywords = Government deficit
Number of Articles: 1
Effect of Fiscal Policy on Private Investment in Iran
Volume 7, Issue 22, Spring 2005, Pages 133-155
Ziba Hojati, Ali Reza Eghbali, Hamid Reza Hallafi
Abstract The link between public and private investment and their effects on each other investigated by many economists in the past. In this study, we investigate the effects of some economic variables on private investment. These variables are different types of government expenses (current and development fund). The results suggest that budget deficit leads to expansion of private investment and there is a time-lag for this effect. We use ARDL Technique and the period of study is 1963-2001