Crowding-out or crowding-in? Public and private investment in India

Crowding-out or crowding-in? Public and private investment in India •We re-examine the relationship between public and private investment in India.•Considering major structural changes that the economy has undergone in the past three decades.•While public investment crowds out private investment in India over 1950–2012.•The opposite is true post-1980 given the structural reforms of 1980s and 1990s.•This policy upgrade included pro-business reforms and product-market liberalization. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png World Development Elsevier

Crowding-out or crowding-in? Public and private investment in India

Loading next page...
 
/lp/elsevier/crowding-out-or-crowding-in-public-and-private-investment-in-india-vDjITAMbtT
Publisher
Elsevier
Copyright
Copyright © 2018 Elsevier Ltd
ISSN
0305-750X
eISSN
1873-5991
D.O.I.
10.1016/j.worlddev.2018.05.004
Publisher site
See Article on Publisher Site

Abstract

•We re-examine the relationship between public and private investment in India.•Considering major structural changes that the economy has undergone in the past three decades.•While public investment crowds out private investment in India over 1950–2012.•The opposite is true post-1980 given the structural reforms of 1980s and 1990s.•This policy upgrade included pro-business reforms and product-market liberalization.

Journal

World DevelopmentElsevier

Published: Sep 1, 2018

References

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Search

Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly

Organize

Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.

Access

Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve

Freelancer

DeepDyve

Pro

Price

FREE

$49/month
$360/year

Save searches from
Google Scholar,
PubMed

Create lists to
organize your research

Export lists, citations

Read DeepDyve articles

Abstract access only

Unlimited access to over
18 million full-text articles

Print

20 pages / month

PDF Discount

20% off