Series: IMF Working Papers
Author(s): Issouf Samaké
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2008
Keywords: Growth, Structural VECM, Impulse response function (IFR), Variance decomposition (VD), Historical decomposition (HD), financial services, investment rate, international trade,
We investigate the nexus of public and private investment and assess the impact of both types of investment on growth. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model in...