The causality between investment and economic growth
- 作者：Madsen ; Jakob B.
- 关键词：Causality ; Investment ; Economic growth ; E13 ; E22
- 刊名：Economics Letters
- 出版年：2002
- 期刊代码：9_01651765
- 类别：eco
- 出版时间：January, 2002
- 卷：74
- 期：2
- 页码：157-163
- 文件大小：54.0 K
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.