Investment and economic growth interconnection: a bibliometric analysis

Abstract

The article examines modern trends in studying the relationship between investments and economic growth through bibliometric analysis. The goal of the article is to review scientific publications to identify the main concepts and approaches to studying the connection between investments and economic growth, as well as to reveal research gaps in this topic for further exploration. The research employed the bibliometric analysis method using software tools such as VOSviewer and Biblioshiny. The sample included 432 publications from the Scopus database. The selected publications were analyzed based on indicators like the annual volume of scientific output, connections between publication parameters, mapping, clustering, thematic modeling, and network analysis. The literature review revealed which research methods, model specifications, and datasets are used by researchers to explore the role of investments in achieving growth. The analysis identified the main factors considered by researchers when studying the relationship between investments and economic growth. Data also showed a shift in focus towards studying the situation in developing countries such as Africa, Malaysia, Iran, Pakistan, and others. The findings from the bibliometric analysis can be used to explore promising topics related to investments and economic development further.