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This paper investigates the determinants of private investment in Pakistan with special emphasis on the impact of government investment. Using annual data for the period 1973/74-1991/92, it is estimated that private investment was positively correlated to GDP growth, to credit extended to the private sector, and to government investment. When government investment is disaggregated into Its infrastructural and noninfrastructural components, the latter is found to be negatively correlated with private investment.

Infrastructure --- Investments: General --- Money and Monetary Policy --- Public Finance --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- Investment --- Capital --- Intangible Capital --- Capacity --- National Government Expenditures and Related Policies: General --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Public finance & taxation --- Macroeconomics --- Monetary economics --- Public investment spending --- Private investment --- Expenditure --- Credit --- National accounts --- Money --- Public investments --- Saving and investment --- Expenditures, Public --- Pakistan

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Globalization --- Economic aspects --- Business & Economics --- Economic History --- Global cities --- Globalisation --- Internationalization --- International relations --- Anti-globalization movement --- Middle East --- Asia, South West --- Asia, Southwest --- Asia, West --- Asia, Western --- East (Middle East) --- Eastern Mediterranean --- Fertile Crescent --- Levant --- Mediterranean Region, Eastern --- Mideast --- Near East --- Northern Tier (Middle East) --- South West Asia --- Southwest Asia --- West Asia --- Western Asia --- Orient --- Economic conditions --- E-books