Capital plays an important role in promoting economic growth and development. By optimal combination of capital, labor and technology, the capital has the ability manufacturing sector and caused trade boom which leads to improve lives of people and economic growth .Since foreign direct investment causes transfer of capital, technology and management to developing countries and also develops private sector investment, it is important to study the effect of FDI on private sector investment. The survey was conducted using the Vector Autoregressive model for panel data and generalized moments in 92 developing countries during the period 2000 to 2010.The results show that in developing countries ,FDI has The Crowding In Effect on private sector investment in short-term and has the crowding In Effect on private sector investment in decreasing manner in the long-term.
کلید واژگان :Foreign Direct Investment, private sector investment, the generalized moments, Vector Autoregressive
ارزش ریالی : 600000 ریال
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