Dreger, Christian; Reimers, Hans-Eggert - In: Vierteljahrshefte zur Wirtschaftsforschung 84 (2015) 3, pp. 183-193
This paper explores the long-term relationship between public and private investment in the euro area. A stock-flow approach is proposed to control for the integration properties of the variables. Panel econometric techniques including international spillovers are employed. Private and public...