The Impact of National Private Investment on Manufacturing in Egypt

Authors

Abstract

This paper aims to present national private investment development phases and its contribution in manufacturing sector in Egypt. Moreover it devoted to examine the effect of national private investment on Egyptian manufacturing. Vector Auto Regressive analysis (VAR) was adopted based on yearly data for the period (1990-2015). Time series stationarity are checked by Augmented Dicky Fuller (ADF) test, and co- integration existence tested by Johansen co- integration test. The vector Error Correction model (VECM) utilized to check the existence of long run relationship between the manufactured product as a dependent variable and the national private investment as explanatory variable. Finally this paper concluded that, however national private investment contribute high share to manufacturing sector, the empirical analysis results obtained negative impact of this type of investment on manufacturing sector in short and long run.

Keywords: national private investment, manufactured product, vector error correction model.

JEL Classifications: E22, C22, L60, N67

Downloads

Download data is not yet available.

Author Biographies

Baher Mohamed Atlam, Faculty of Economic and Political Science, Cairo University

Professor -Economic Department

Ahmed Ashour Soltan, National Planning Institute

Assistant Professor - Macro Economic Polices Center

Noha Mohey Mohamed, Cairo university

Assistant lecturer - Economic Department

Downloads

Published

2017-01-13

How to Cite

Atlam, B. M., Soltan, A. A., & Mohamed, N. M. (2017). The Impact of National Private Investment on Manufacturing in Egypt. International Journal of Economics and Financial Issues, 7(1), 192–200. Retrieved from https://econjournals.com/index.php/ijefi/article/view/3411

Issue

Section

Articles