بررسي تاثير مخارج مصرفي و سرمايه‌اي دولت بر سرمايه‌گذاري بخش خصوصي در ايران‌

Effects of Government Consumption and Investment Expenditures on Private Investment in Iran: 1971-2005

This study aims to investigate the effects of government expenditures on private investment in Iran over the period 1971 - 2005. The government expenditures are disaggregated into consumption and investment expenditures. The empirical studies of the issue are carried out via Johansen cointegration analyses. The evidence suggests that the government investment expenditures complement and stimulate private investment, while the government consumption expenditures have been crowding out private investment.