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首页> 外文期刊>Journal of Economics and Sustainable Development >Country-Specific Interactions Among Private Investment Economic Growth And Poverty Level In Three Selected Sub-Saharan African Countries. (1985-2010).
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Country-Specific Interactions Among Private Investment Economic Growth And Poverty Level In Three Selected Sub-Saharan African Countries. (1985-2010).

机译:在三个选定的撒哈拉以南非洲国家中,私人投资经济增长与贫困水平之间的特定国家互动。 (1985-2010)。

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This study specifically examines the relations among private investment, economic growth and poverty level in Nigeria and its two neighbouring sub-Saharan African (SSA) countries of Benin Republic and Cameroon between the periods 1985 and 2010. The study employed Vector Error Correction Model using data extracted from the World Development Indicators. The study revealed that the relationships among private investment, economic growth, and poverty level did not follow expected pattern in the three countries. The results in Benin Republic show that increase in private investment and reduction in poverty level rather than increase real GDP growth, reduced real GDP growth overtime while the results obtained for Cameroon and Nigeria show that increase in private investment increased poverty level and reduction in poverty level reduced private participation in business in Cameroon and Nigeria. The study suggests a weak relation between private investment and economic growth or poverty level in the three economies.The study therefore recommends measures such as macroeconomic stability and adequate legal system that will ensure proper take off of private investment to boost economic growth and reduce poverty level in these three economies. Keywords: Private investment, public investment, economic growth, poverty and Vector Error Correction.
机译:这项研究专门研究了1985年至2010年之间尼日利亚及其两个贝宁共和国和喀麦隆的邻国撒哈拉以南非洲(SSA)国家和私人投资,经济增长与贫困水平之间的关系。摘自《世界发展指标》。该研究表明,这三个国家的私人投资,经济增长和贫困程度之间的关系没有遵循预期的模式。贝宁共和国的结果表明,增加私人投资和减少贫困​​程度而不是增加实际GDP增长,减少了实际国内生产总值的加班时间,而喀麦隆和尼日利亚的结果表明,私人投资的增加增加了贫困程度,减少了贫困程度减少了喀麦隆和尼日利亚的私营企业参与。该研究表明这三个经济体中私人投资与经济增长或贫困水平之间的关系较弱,因此该研究建议采取诸如宏观经济稳定和适当的法律制度之类的措施,以确保私人投资的适当起飞以促进经济增长和减少贫困在这三个经济体中。关键词:私人投资,公共投资,经济增长,贫困和矢量误差校正。

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