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Abstract: (7782 Views)
In this research , the effect of Iran’s government’s expenditures on private sector’s investment during the period between 1971 to 2005 has been investigated . The results of the Cointegration vectors derived from the johansen method indicates that government investment expenditures have complimentary effects on the private investment expenditures while the government consumption expenditures have competing effects
Received: 2007/05/15 | Revised: 2010/01/26 | Accepted: 2007/11/25 | Published: 2008/03/21