ЭМПИРИЧЕСКИЙ АНАЛИЗ ВЛИЯНИЯ ИНВЕСТИЦИЙ НА ЭКОНОМИКУ КЫРГЫЗСТАНА

Authors : Askar ATAMKULOV, Junus Ganiev

Pages : 22-29

View : 8 | Download : 25

Publication Date : 2016-05-01

Article Type : Research Paper

Abstract :Like in many developing countries, investments are the main factor of economic growth in Kyrgyzstan. In this paper we analyzed the relationship between investments insert ignore into journalissuearticles values(INV);, money supply insert ignore into journalissuearticles values(M2); and economic growth insert ignore into journalissuearticles values(GDP); in Kyrgyzstan. Empirical analysis using the ARDL Bounds Testing Approach showed that both investments and money supply insert ignore into journalissuearticles values(M2); have statistically significant positive effect on GDP in the short and long run.
Keywords : investments, money supply, economic growth, ARDL cointegration approach, Kyrgyzstan