When deciding on the social desirability of public investment, the cost of a project is sometimes adjusted by a factor …

significant impact. Finally, either regulatory instrument may induce the highest technology investment levels. …

rates, the argument goes, extending debt financed public investment spending would be reasonable and thus existing fiscal … show, first, that fiscal rules constrain public debt and total spending, but not investment spending. Second, variation in … rule stringency, but public investment is not systematically more constrained by strict rules. …

2019, using a Vector Autoregressive (VAR) approach. We assess whether higher investment levels drive economic growth and … dynamic relationships between them. The findings show that private investment consistently stimulates growth, while public … investment’s impact varies by country. The analysis underscores the importance of investment sequencing, suggesting the need for …

a positive impact of higher investment returns on stimulating higher aggregate demand, therefore resulting in higher tax … private investment positively contribute to fiscal sustainability and that public sector investment also displays the same …

municipalities crowds out private investment. Our results show how crowding out can happen in a developed economy characterized by … market power to charge higher rates on their SME customers. This crowded out firm investment. Perversely, fiscal … which increasingly borrowed from local public banks. Crowding out lowered aggregate private investment by around 30-40 bio …

We define a differential game of public investment with a discontinuous Markovian strategy space. The best response … sufficient condition for constructing the best response. Our methods do not require specific functional forms. Our theory has …, and joint investment problems. …

Financing productive public capital through distortionary taxes typically creates a trade-off: the optimal investment … is determined as a compromise between efficiency-enhancing public investment and perturbing market efficiency, but is …