The objectives of the Correlation between Public Investment and Economic Growth of Lao PDR from 2000 to 2015 are studying the situation of Lao economic growth, public investment from 2000 to 2015 and the correlation between public investment and economic growth of Lao PDR from 2000 to 2015. There are three independent variables the percentage of public investment in Transportation sector, the percentage of public investment in Education sector and the percentage of public investment in Other sector and the dependent variable is economic growth which was form Gross Domestic Product (GDP). We analyzed and explained the result by using secondary data. In addition, we used Descriptive Statistic percentage to analyzing the situation of economic growth and public investment. We also used Inferential Statistic R2, t-test, F-test and Durbin Watson to analyzing the correlation between public investment and economic growth in 95 percent of confidence level.
The result of analyzing: