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Private Investment : = Disaggregated Fiscal Expenditures and Sociopolitical Instability.

紀錄類型:	書目-語言資料,手稿 : Monograph/item
正題名/作者:	Private Investment :/
其他題名:	Disaggregated Fiscal Expenditures and Sociopolitical Instability.
作者:	Ahmed, Esha Nuzhat.
面頁冊數:	1 online resource (92 pages)
附註:	Source: Dissertation Abstracts International, Volume: 79-01(E), Section: A.
Contained By:	Dissertation Abstracts International79-01A(E).
標題:	Economics. -
電子資源:	click for full text (PQDT)
ISBN:	9780355215151

Private Investment : = Disaggregated Fiscal Expenditures and Sociopolitical Instability.
Ahmed, Esha Nuzhat.

Private Investment :Disaggregated Fiscal Expenditures and Sociopolitical Instability. - 1 online resource (92 pages)

Source: Dissertation Abstracts International, Volume: 79-01(E), Section: A.

Thesis (Ph.D.)--The Claremont Graduate University, 2017.

Includes bibliographical references

This dissertation analyzes the relationship between fiscal expenditures, sociopolitical instability (SPI), and private investment. Previous empirical research has studied the relationship between SPI and investments. Since SPI creates uncertainty, a reduction in SPI is expected to result in an increase in investments. A more recent strand of literature attempts to look at the composition of government expenditures and the resulting impact of these components on growth. However, there is a gap in the literature between composition of government expenditures and its direct impact on private investment in the presence of sociopolitical instability. We hypothesize that ceteris paribus increases in public safety expenditure aids in the enforcement of property rights, as there should be a positive relationship between public safety expenditures and private investments. On the contrary, our main findings suggest that there is a positive relationship between public safety expenditures and sociopolitical instability, and a negative relationship between public safety expenditures and private investments. With higher levels of instability, higher spending on public order and safety is required to suppress instability, and this higher instability in turn reduces private investment. Among all categories of government expenditures, we find that education, health, recreation, and general public services have a positive, statistically significant impact on private investment, whereas expenditures on public order and safety, housing, social protection, and the environment have a negative, statistically significant impact on private investment. We also examine nonlinear relationships between disaggregated fiscal expenditures and private investment and find that expenditures in general public services, health, and education have an inverted U-curve relationship and expenditures in defense and recreation have a U-curve relationship such that additional expenditures beyond some threshold level decrease and increase private investment, respectively. Lastly, we examine nonlinear relationships between sociopolitical instability and private investment since moderate levels of instability can challenge the status quo and encourage reforms relative to instability levels high or low, but we find no consistent results for such a nonlinear relationship between the two variables.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018

Mode of access: World Wide Web

ISBN: 9780355215151Subjects--Topical Terms:

555568
Economics.
Index Terms--Genre/Form:

554714
Electronic books.

Private Investment : = Disaggregated Fiscal Expenditures and Sociopolitical Instability.
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500 $a Source: Dissertation Abstracts International, Volume: 79-01(E), Section: A.
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504 $a Includes bibliographical references
520 $a This dissertation analyzes the relationship between fiscal expenditures, sociopolitical instability (SPI), and private investment. Previous empirical research has studied the relationship between SPI and investments. Since SPI creates uncertainty, a reduction in SPI is expected to result in an increase in investments. A more recent strand of literature attempts to look at the composition of government expenditures and the resulting impact of these components on growth. However, there is a gap in the literature between composition of government expenditures and its direct impact on private investment in the presence of sociopolitical instability. We hypothesize that ceteris paribus increases in public safety expenditure aids in the enforcement of property rights, as there should be a positive relationship between public safety expenditures and private investments. On the contrary, our main findings suggest that there is a positive relationship between public safety expenditures and sociopolitical instability, and a negative relationship between public safety expenditures and private investments. With higher levels of instability, higher spending on public order and safety is required to suppress instability, and this higher instability in turn reduces private investment. Among all categories of government expenditures, we find that education, health, recreation, and general public services have a positive, statistically significant impact on private investment, whereas expenditures on public order and safety, housing, social protection, and the environment have a negative, statistically significant impact on private investment. We also examine nonlinear relationships between disaggregated fiscal expenditures and private investment and find that expenditures in general public services, health, and education have an inverted U-curve relationship and expenditures in defense and recreation have a U-curve relationship such that additional expenditures beyond some threshold level decrease and increase private investment, respectively. Lastly, we examine nonlinear relationships between sociopolitical instability and private investment since moderate levels of instability can challenge the status quo and encourage reforms relative to instability levels high or low, but we find no consistent results for such a nonlinear relationship between the two variables.
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538 $a Mode of access: World Wide Web
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