جستجوی مقالات مرتبط با کلیدواژه « crowding out » در نشریات گروه « اقتصاد »

According to importance of foreign direct investment effects on domestic investment financing, growth and development, countries attempt to attract foreign direct investment by creation of infrastructures. But literature indicates that foreign direct investment can affect domestic investment negatively. However, a key question is whether foreign direct investment crowd in or out domestic investment, and how foreign direct investment affects domestic investment in good governance and political freedom situation? So that, the aim of this paper is to research effects of foreign direct investment and good governance and political freedom on domestic investment in IRAN outlook documents countries by GMM model in 1996-2016 periods. Detected results indicate that foreign direct investment has crowding out effects on domestic investment in model without good governance and political freedom and model with political freedom index. In the model with good governance index foreign direct investment has neutral effect on domestic investment in IRAN outlook documents countries.

The main objective of this paper is to analyze empirically the effects of public investment on private investment, evaluating the existence of crowding-out/-in effects, in Iran for the 1970-2019 periods. I evaluate the macroeconomic effects of public and private investment through VECM analysis. From impulse response functions, we are able to assess the extent of crowding-in or crowding-out of both components of investment. I also compute the associated macroeconomic rates of return of public and private investment for Iran Economy. The results point to the existence of positive effects of public and private investment on output. On the other hand, results show the crowding-in effects of public investment on private investment. Based on these results, it is suggested that the government provide the conditions for private investment by creating infrastructure, helping to finance investment projects and creating a secure economic environment.
I also compute the associated macroeconomic rates of return of public and private investment for Iran Economy. The results point to the existence of positive effects of public and private investment on output. On the other hand, results show the crowding-in effects of public investment on private investment.

Theoretically and empirically, FDI may have positive (complementary) or negative (substitution) effect on the host country’s domestic investment. This study aims to examine the existence of crowding out (in) effect of FDI for MENA countries with high- and low- level income. Using the GMM, several regressions were estimated over the periods of 1981-2017 and 2001-2017. The immediate positive effect of FDI on domestic investment was confirmed in all regressions. In addition, the long-run positive effect of FDI on domestic investment in both groups of high- and low- level income countries is strongly confirmed over the 2001-2017, but it was not significant for the 1981–2017 period. To enhance the positive effect, it is suggested that the "forms" and "conditions" of using foreign investment are cosidered. Foreign capital absorption in the form of joint ventures and buy back and also the use of conditions such as export performance and technology transfer will be beneficial.

Abstract
Investment is an important component accessory to production in the economy of every country. Hence, investment is one of the fundamental necessity for improving economically in every country. Because in developing country governmental investment is generally numerate as political implement, there is a belief between diplomats and economists of these countries that governmental investment is  an effective stimulant for the investment of private sector and as a result it is a powerful implement for growth political and economic consistence, but it should be considered that governmental investment reduces from private sector’s resources for investment, moreover ,it also leads to decreasing of private sector’s investment in case that it is used for production of goods that compete with private sector’s production. In the other word crowding in happens. This article has been done in order to survey the relation between governmental investment and private investment and the VECM method in econometrics has been used.

As far as government intervention in economics has argued during the economic history as a basic discussion so influence measure of government on private sector has been a contention subject in so many economic articles. “How is the public sector relation with private sector performance?” has been a title in many economic articles in different areas.
One influence is on the private investment measures. Can government influence on private investment with increasing itself expenditure? We estimated the private investment function with separating our government expenditures into two parts as investment and consumption expenditures. Our empirical results shows that government consumption expenditures as increases lead to outgoing private investment from the market (government investment expenditure crowds out private investment) and increasing government investment expenditures of public sector arise private sector investment as a result(crowds in private investment). At last we tested all variables to make sure our regressions are not spurious.