The causality between investment and economic growth

被引:54
作者
Madsen, JB [1 ]
机构
[1] Brunel Univ, Dept Econ & Finance, Uxbridge UB8 3PH, Middx, England
关键词
causality; investment; economic growth;
D O I
10.1016/S0165-1765(01)00549-3
中图分类号
F [经济];
学科分类号
02 ;
摘要
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. (C) 2002 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:157 / 163
页数:7
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