The causality between investment and economic growth

Research output: Contribution to journalArticle

38 Citations (Scopus)

Abstract

This paper tests for causality between investment and economic growth. The results show that growth is predominantly caused by investment in machinery and equipment, whereas investment in non-residential buildings and structures is predominantly caused by economic growth.

Original languageEnglish
Pages (from-to)157-163
Number of pages7
JournalEconomics Letters
Volume74
Issue number2
DOIs
Publication statusPublished - 1 Jan 2002

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