پيامدهاي سياست مالي بر سرمايه گذاري بخش خصوصي (مطالعه موردي ايران )

Effect of Fiscal Policy on Private Investment (Case of Iran)

The link between public and private investment and their effects on each other investigated by many economists in the past. In this study, we investigated 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 used ARDEL Technique and the period of study was 1963-2001.