Sturm, Jan-Egbert; Haan, Jakob De - In: Applied Economics Letters 5 (1998) 1, pp. 5-10
As in many other OECD countries, government investment expressed as share of GDP has decreased in The Netherlands. Using the concept of Granger causality, we test in a bivariate vector autoregression framework various hypothesis that have been put forward to explain this decline. It is concluded...