Public and Private Investment Rates of Return : Evidence For Industrialised Countries

We compute the macroeconomic rates of return of public and private investment implicit in a VAR for 14 European Union countries, Canada, Japan and the United States. Results point mostly to positive effects of public and private investment on output, while public investment crowds out private investment in a significant number of countries

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Year of publication:	[2010]
Authors:	Afonso, António
Other Persons:	St. Aubyn, Miguel (contributor)
Publisher:	[2010]: [S.l.] : SSRN
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Applied Economics Letters, Vol. 17, No. 9, pp. 839-843, 2010 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 18, 2008 erstellt Volltext nicht verfügbar
Classification:	C32 - Time-Series Models ; E22 - Capital; Investment (including Inventories); Capacity ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012758088