Investigation the Effects of Privatization on Economic Growth in D-8 Countries, Using the Dynamic Panel Estimated by GMM Method

The transference of economic activities to the private sector and the government withdrawal of its economic activities are introduced as dominant solutions to today''s economic problems and growth in countries، over the past two decades. This strategy -which takes place in order to return the government activities to the private sector known as privatization- can make fundamental changes in behavior and nature of the economic activities. Unlikely to the previous studies، which have been extremely done so far regarding the effects of privatization but in micro scale there are still few studies regarding the practical experiences of the privatization in different countries، in macro scale. This research demonstrates the effects of privatization on economic growth with controlling of critical Levine and Renelt (1992) growth models، as well as، empirical findings from previous studies، about D-8 countries، for the period between 2001-2009 and by using of the dynamic panel generalized method of moments (GMM). The results confidently prove that، as was expected، the privatization strategy has positive (although negligible) and significant impacts on economic growth in the mentioned countries.
Journal of Economic Growth and Development Research, Volume:4 Issue: 13, 2014
11 to 28  
دانلود و مطالعه متن این مقاله با یکی از روشهای زیر امکان پذیر است:
اشتراک شخصی
با عضویت و پرداخت آنلاین حق اشتراک یک‌ساله به مبلغ 1,390,000ريال می‌توانید 70 عنوان مطلب دانلود کنید!
اشتراک سازمانی
به کتابخانه دانشگاه یا محل کار خود پیشنهاد کنید تا اشتراک سازمانی این پایگاه را برای دسترسی نامحدود همه کاربران به متن مطالب تهیه نمایند!
  • حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران می‌شود.
  • پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانه‌های چاپی و دیجیتال را به کاربر نمی‌دهد.
In order to view content subscription is required

Personal subscription
Subscribe for 70 € euros via PayPal and download 70 articles during a year.
Organization subscription
Please contact us to subscribe your university or library for unlimited access!