Public investment versus private investment: The case of Zambia
نویسندگان
چکیده
منابع مشابه
Private investment and public equity returns
Because of external financing costs, private business owners often need to self-finance new investment projects. These self-financing needs create an incentive for business owners to hold financial assets whose payoffs are positively correlated with self-financing needs. If this effect is aggregated, expected returns on financial assets should be negatively correlated with aggregate private inv...
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ژورنال
عنوان ژورنال: Journal of Governance and Regulation
سال: 2014
ISSN: 2306-6784,2220-9352
DOI: 10.22495/jgr_v3_i2_p3