Determinants of Private Investment in Pakistan

Sakr, Khaled

Download This Paper

Open PDF in Browser

Add Paper to My Library

Determinants of Private Investment in Pakistan

IMF Working Paper No. 93/30

34 Pages Posted: 15 Feb 2006

See all articles by Khaled Sakr

Khaled Sakr

affiliation not provided to SSRN

Date Written: March 1993

Abstract

This paper investigates the determinants of private investment in Pakistan with special emphasis on the impact of government investment. Using annual data for the period 1973/74-1991/92, it is estimated that private investment was positively correlated to GDP growth, to credit extended to the private sector, and to government investment. When government investment is disaggregated into its infrastructural and noninfrastructural components, the latter is found to be negatively correlated with private investment.

JEL Classification: E22, O16

Suggested Citation: Suggested Citation

Sakr, Khaled, Determinants of Private Investment in Pakistan (March 1993). IMF Working Paper No. 93/30, Available at SSRN: https://ssrn.com/abstract=883468