Private and public investment in Malaysia: Substitutability or complementarity?

It is generally accepted that the government plays a major role in promoting and/or financing private capital formation. Policymakers and analysts believe that public investment provides a significant stimulus to private investment, and thus serves as an instrument in achieving a high economic growt...

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Bibliographic Details
Main Authors: Hassan, Sallahuddin, Abd Karim, Mohd Zaini
Format: Article
Published: 2007
Subjects:
Online Access:http://repo.uum.edu.my/1588/
http://ideas.repec.org/a/icf/icfjae/v06y2007i2p17-32.html
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Institution: Universiti Utara Malaysia