References
- Abdulkarim, Y. (2023). A systematic review of investment indicators and economic growth in Nigeria. Humanities and Social Sciences Communications, 10(500), 1-13.
- Ahamed, F. (2022). Impact of Public and Private Investments on Economic Growth of Developing Countries (Master’s thesis, Northern Illinois University).
- Alam, M, Rabbani, M, Tausif, R. & Abey, J. (2021). Banks’ Performance and Economic Growth in India: A Panel Cointegration Analysis. Economies 9(38), 1-14.
- Aschauer, D.A. (1989). Is Public Expenditure Productive? Journal of Monetary Economics, 23(2), 177-200.
- Ari, I. & Koc, M. (2020). Economic Growth, Public and Private Investment: A Comparative Study of China and the United States. Sustainability 12(6), 2243-2262.
- Barro, R.J. (1990). Government spending in a simple model of endogenous growth. Journal of Political Economy, 98(5), 103-125.
- Bjelić, J. (2021). Investment and Economic Growth: The Example of Bosnia and Herzegovina. Acta Economica, 18(33), 21-41.
- Blejer, M. & Khan, M. (1984) Government Policy and Private Investment in Developing Countries. IMF Staff Papers, 31, 379-403.
- Calderón, C. & Servén, L. (2010). Infrastructure and economic development in Sub-Saharan Africa. Journal of African Economies, 19(1), 13-87.
- Evstigneev, I.V., Hens, T., Schenk-Hoppé, K.R., Evstigneev, I.V., Hens, T. & Schenk-Hoppé, K.R. (2015). Capital Growth Theory. Mathematical Financial Economics: A Basic Introduction, 169-176.
- Ezzahid, E. & Rafik, H. (2023). Do poor institutions cause public investment to crowd out private investment in Africa? Research Square, 1-14, (Preprint, Version 1).
- Farhadi, M. (2015). Transport infrastructure and long-run economic growth in OECD countries. Transportation Research Part A: Policy and Practice, 74, 73-90.
- Ghani, E. & Din, M. (2006). The Impact of Public Investment on Economic Growth in Pakistan. The Pakistan Development Review, 45(1), 87-98.
- Granger, C.W. (1988). Some Recent Developments in a Concept of Causality. Journal of Econometrics, 39, 199-211.
- Gupta, M.R. (2020). Public capital, endogenous growth, and tax concession on savings. Indian Economic Review, 55(2), 199-223.
- Harrod, R.F. (1956). Walras: A Re-Appraisal. The Economic Journal, 66(262), 307-316.
- Hausman, J. (1978). Specification tests in econometrics. Econometrica, 46, 1251-1271.
- Jahan, A., Tahseen, R. & Rassiq, A. (2022). Relationship between Private Investment-GDP Ratio and Economic Growth during COVID-19, 1-10.
- Kao, C. (1999). Spurious regression and residual-based tests for co-integration in panel data. Journal of Econometrics, 90, 1-44.
- Khan, M.S. & Reinhart, C.M. (1990). Private investment and economic growth in developing countries. World Development, 18(1), 19-27.
- Kipchirchir, E. & Mose, N. (2024). Foreign Direct Investment and Economic Growth in Kenya: A Comprehensive Analysis. Asian Journal of Economics, Business and Accounting, 24(2), 1-13.
- Lan, J., Kakinaka, M. & Huang, X. (2011). Foreign Direct Investment, Human Capital and Environmental Pollution in China. Environmental and Resource Economics, 51(2), 255-275.
- Levin, A., Lin, C.F. & Chu, J. (2002). Unit Root Tests in Panel Data: Asymptotic and Finite Sample Properties. Journal of Econometrics, 108, 1-24.
- Li, B. & Hoi, S.C.H. (2014). Online portfolio selection. ACM Computing Surveys, 46(3), 1-36.
- Makuyana, G. & Odhiambo, N. (2018). Public and Private Investment and Economic Growth: An Empirical Investigation. Studia Universitatis Babeș-Bolyai Oeconomica, 63(2), 87-106.
- Merga, T. (2022). Effect of Public Investment on Private Investment: Evidence from Ethiopia. Applied Journal of Economics, Management and Social Sciences, 3(1), 17-25
- Mose, N. (2021). Impact of public consumption on economic growth. African Journal of Economics and Sustainable Development, 4(3), 61-71.
- Ndiaye, A. (2018). Public Spending and Growth in the Countries of the Economic Community of West African States. Modern Economy, 9(11), 1949-1975.
- Nguyen, C.T. & Trinh, L.T. (2018). The impacts of public investment on private investment and economic growth: Evidence from Vietnam. Journal of Asian Business and Economic Studies, 25(1), 15-32.
- Ocolișanu, A., Dobrotă, G. & Dobrotă, D. (2022). The Effects of Public Investment on Sustainable Economic Growth: Empirical Evidence from Emerging Countries in Central and Eastern Europe. Sustainability, 14(14), 8721-8746.
- Pedroni, P. (2001). Fully modified OLS for heterogeneous cointegrated panels. In: Nonstationary panels, panel cointegration, and dynamic panels (pp. 93-130). Emerald Group Publishing Limited, Bingley.
- Pesaran, M.H. (2004). General diagnostic tests for cross section dependence in panels. Cambridge Working Papers. Economics, 1240(1), 1-16.
- Phillips, P. & Sul, D. (2003). Dynamic panel estimation and homogeneity testing under cross-section dependence. Econometrics Journal, 6(1), 217-259.
- Popescu, G. (2014). FDI and Economic Growth in Central and Eastern Europe. Sustainability, 6(11), 8149-8163.
- Reichelt, H., Allen, D.P. & Cantor, S.M. (2023). Mainstreaming climate action in public and private investments: Mobilizing finance towards sustainable investments through the bond markets. In: Handbook of Business and Climate Change (pp. 430-457). Edward Elgar Publishin, Cheltenham.
- Sibirskaya, E., Egorov, A., Safronova, A., Mikheykina, L. & Ivashkova, T. (2015). Organization of Favorable Investment Climate in the Market of Development and Implementation of Investment Projects. Mediterranean Journal of Social Sciences, 6(36), 135-148
- Sirbulescu, C., Pirvulescu, L., Iosim, I., Feher, A. & Rujescu, C. (2022). Aspects regarding the role of investments and the business environment in economic development. Review on Agriculture and Rural Development, 11(2), 86-91.
- Solow, R.M. (1956). A contribution to the theory of economic growth. The Quarterly Journal of Economics, 70(1), 65-94.
- Turan, T., Yanikkaya, H. & Özer, H.A. (2021). Economic Growth Effects of Public and Private Investment: Evidence from Dynamic Panel Estimation for Developed and Developing Countries. Prague Economic Papers, 30(5), 613-631
- Vydobora, V. (2022). Savings and investments in the theory of economic growth. Economic Space, 177, 7-13.
- Wasike, S. (2022). Foreign Direct Investment and Economic Growth in Africa. International Journal of Current Science Research and Review, 5(5), 1793-1805
- Yaremenko, A. (2022). Foreign Direct Investment and Its Impact on Economic and Environmental Development. Mechanism of an Economic Regulation, 1(95), 33-37.
- Yovo, K. (2017). Public Expenditures, Private Investment and Economic Growth in Togo. Theoretical Economics Letters, 7(2), 193-209.