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Private Investment : = Disaggregated Fiscal Expenditures and Sociopolitical Instability.

Record Type:	Language materials, manuscript : Monograph/item
Title/Author:	Private Investment :/
Reminder of title:	Disaggregated Fiscal Expenditures and Sociopolitical Instability.
Author:	Ahmed, Esha Nuzhat.
Description:	1 online resource (92 pages)
Notes:	Source: Dissertation Abstracts International, Volume: 79-01(E), Section: A.
Contained By:	Dissertation Abstracts International79-01A(E).
Subject:	Economics. -
Online resource:	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.
500 $a Adviser: Yi Feng.
502 $a Thesis (Ph.D.)--The Claremont Graduate University, 2017.
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.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2018
538 $a Mode of access: World Wide Web
650 4 $a Economics. $3 555568
655 7 $a Electronic books. $2 local $3 554714
690 $a 0501
710 2 $a ProQuest Information and Learning Co. $3 1178819
710 2 $a The Claremont Graduate University. $b School of Politics and Economics. $3 1179236
773 0 $t Dissertation Abstracts International $g 79-01A(E).
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