Federal Government Budget Deficits and the Crowding Out of Private Investment in the United states: Evidence for the 1990s

This study investigates whether federal government budget deficits in the U.S. over the 1990-99 time period acted to crowd out private investment in new plant and equipment. Using quarterly data, empirical estimations clearly indicate that private investment was in fact negatively impacted by the budget deficit.

MoreLess

Year of publication:	2003-02-22
Authors:	Cebula, Richard ; Koch, James ; Perry, William ; Toma, Michael
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	budget deficits \| investment in new plant and equipment \| crowding out

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Notes:	Published in The Indian Journal of Economics 4.84(2004): pp. 587-595
Classification:	H3 - Fiscal Policies and Behavior of Economic Agents ; H31 - Household ; H62 - Deficit; Surplus ; H69 - National Budget, Deficit, and Debt. Other
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011107318