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Investment and Growth Dynamics

Investment and Growth Dynamics »

Source: Investment and Growth Dynamics : An Empirical Assessment Applied to Benin

Volume/Issue: 2008/120

Series: IMF Working Papers

Author(s): Issouf Samaké


Publication Date: 01 May 2008

ISBN: 9781451869804

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...