01646cas a2200241 a 4500 AALejournalIMF010066 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451965247 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Private Investment and Economic Growth in Developing Countries. Washington, D.C. : International Monetary Fund, 1989. 1 online resource (20 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Despite the growing support for market-oriented strategies, and for a greater role of private investment, empirical growth models for developing countries typically make no distinction between the private and public components of investment. This paper sheds some light on this important issue by formulating a simple growth model that separates the effects of public sector and private sector investment. This model is estimated for a cross - section sample of 24 developing countries, and the results support the notion that private investment has a larger direct effect on growth than does public investment. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1989/060 Full text available on IMF http://elibrary.imf.org/view/journals/001/1989/060/001.1989.issue-060-en.xml IMF e-Library