public investment
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Temesgen Merga

This study examined the effect of public investment on private investment and their relative effects on Ethiopia economic growth. The study employed the ARDL bounds testing approach. The empirical results revealed that public investment has a crowding-in effect on private investment in the long run which means, public investment stimulates private investment in the long run. However, the study revealed that public investment has a crowding out effect on private investment. In the other word, public investment has no direct impact on economic growth in the long run. However, private investment has a significant positive impact on economic growth in the long run while it is negatively related to economic growth in the short run. This suggests that private investment positively contributes to economic growth more than public investment. In addition, economic growth is positively associated with private investment although it is statistically insignificant in the long run. This implies that it is prudent for policy makers not to cut back on the efficient component of public investment and increase infrastructural public investment to a level that promotes private investment in the long run thereby indirectly fostering economic growth.

2022 ◽  
pp. 000312242110699
Margot I. Jackson ◽  
Daniel Schneider

Families and governments are the primary sources of investment in children, providing access to basic resources and other developmental opportunities. Recent research identifies significant class gaps in parental investments that contribute to high levels of inequality by family income and education. State-level public investments in children and families have the potential to reduce class inequality in children’s developmental environments by affecting parents’ behavior. Using newly assembled administrative data from 1998 to 2014, linked to household-level data from the Consumer Expenditure Survey, we examine how public-sector investment in income support, health, and education is associated with the private expenditures of low- and high-SES parents on developmental items for children. Are class gaps in parental investments in children narrower in contexts of higher public investment for children and families? We find that more generous public spending for children and families is associated with significantly narrower class gaps in private parental investments. Furthermore, we find that equalization is driven by bottom-up increases in low-SES households’ developmental spending in response to progressive state investments of income support and health, and by top-down decreases in high-SES households’ developmental spending in response to universal state investment in public education.

Water Policy ◽  
2022 ◽  
S. H. Baba ◽  
Oyas Asimi ◽  
Ishrat F. Bhat ◽  
Irfan A. Khan

Abstract This study comprehensively investigated the livelihood security scenario of fisher households (FHs) employing the CARE framework with little modifications, in Kashmir, India. Primary data for this study was collected from selected FHs, and a regression function was fitted to quantify the determinants of livelihood security. The findings revealed that fishing has been their dominant livelihood option. The landholding owned by the households was meagre enough to carry out farming or domesticate animals on commercial lines. Poor capital endowments place them at less livelihood security level; however, the respondents with diversified income have a relatively higher index value for livelihood. The regression estimates indicated that barring social and natural capital, all forms of capital have a significant role to play in securing their livelihood. Poor livelihood security, coupled with less income flow, has made their survival vulnerable to various distresses and health disorders, including the prevalence of Infant & Maternal Mortality. Their dietary intake was undesirably less than their dietary recommendations. The COVID-19 pandemic was perceived as a shock to their livelihood security. Further, public investment, which is pertinent for the growth of the fisheries sector, has shown a discouraging trend. The study concluded with a few policy suggestions for securing the livelihood of the fisher community.

2022 ◽  
pp. 1-14
Mar Delgado-Téllez ◽  
Esther Gordo ◽  
Iván Kataryniuk ◽  
Javier J. Pérez

2022 ◽  
Hirotada Kohno ◽  
Yoshiro Higano

2022 ◽  
Vol 121 (831) ◽  
pp. 36-38
Kavita Sivaramakrishnan

Many countries in the global South have rapidly aging populations. The COVID-19 pandemic has been especially hard on older adults in these countries, who mainly depend on kin for care. The pandemic has shown that a recommitment to public investment in their well-being is needed.

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