Global Forecasts and Predictions for the ESCWA Region: Debt Investment and Endogenous Economic Growth in the ESCWA RegionUN, 2005 - 44 من الصفحات The objective of this series is to provide material that will assist the ESCWA member countries in designing fiscal, monetary and economic development policies aimed at further enhancing macroeconomic, development and economic policy cooperation. In this issue, the nature and type of growth mechanism in the ESCWA region are established and identified. The main focus of the study is to explore whether public and private debt and investment in the region can enhance economic growth. |
طبعات أخرى - عرض جميع المقتطفات
عبارات ومصطلحات مألوفة
2004 see figure ADF FD AGDP Bahrain capital accumulation causality test results cause GDP GDP cause private debt cause private investment cause public debt cause public investment cent significance level COINTEGRATION TEST debt Public debt debt Public investment domestic public debt effect on private Egypt endogenous growth endogenous type enhance growth ESCWA estimates ESCWA member countries ESCWA region GDP growth rate GDP Public debt Granger causality tests Granger cause GDP Granger cause private Granger cause public human capital increase in public investment in infrastructure investment Private investment investment Public investment italics are t-statistics Jordan Kuwait LDEs Lebanon macroeconomic negative crowding-out effects notes to annex Null hypothesis numbers in italics Oman positive effect private debt Private private sector public and private public debt appears public debt Public Public investment Private public investment Public public sector Qatar ROOT TESTS Saudi Arabia seigniorage Syrian Arab Republic trend ADF UNIT ROOT United Arab Emirates variables