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countries, the authors analyze determinants of investment productivity. Results from Tobit estimation demonstrate that the … productivity of investments. Countries with undistorted policies are likely to be unproductive investments. In countries with … economic policymaking improves. The productivity of projects in the tradable sectors are also affected (in a nonlinear fashion …
Persistent link: https://www.econbiz.de/10012748532
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between productivity and private sector investment in plant and equipment, the author explores whether there is also a … connection between economic growth and public spending. She argues that public investment in infrastructure stimulates private … sector investment in plant and equipment. By providing empirical proof that public and private investment are complements in …
Persistent link: https://www.econbiz.de/10009382217
when spending on investment is best done by the government itself, and when public funds should be used to support … investment by the private sector. A key concept in this issue is the degree of external benefits, or spillovers, of investment …. These notions refer to the fact that sometimes a certain action by an economic agent results indirectly in productivity …
Persistent link: https://www.econbiz.de/10011498880
compared to investment with regard to agricultural productivity so that policy makers hit the right tool and avoid less … public investment does to agricultural productivity. It is also found that power subsidy is the most effective component of …, researchers seem to favor investment expenditure instead. The present paper seeks to compare the usefulness of input subsidies as …
Persistent link: https://www.econbiz.de/10014381234
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This paper examines the drivers of private investment in renewable energy by source of funding for 13 global economies … effect in Asia on driving private investment in renewable energy, particularly from asset finance compared with other funding … government expenditure on research and development in stimulating private investment. The magnitudes of the effects in Asia are …
Persistent link: https://www.econbiz.de/10012503281
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Public investment is likely to be an important component of any postcrisis recovery program. As countries work to … crises. It provides countries with guidance on making efficient use of public investment to support economic recovery on …
Persistent link: https://www.econbiz.de/10013332875
This paper investigates the relation between corporate political connections and government investment. We study … unconnected firms. Overall, we show that connections between firms and regulators are associated with distortions in investment …
Persistent link: https://www.econbiz.de/10013095811