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investment in areas such as infrastructure and human capital, which represent an investment for future generations. A new …
Persistent link: https://www.econbiz.de/10010902173
This paper studies how disagreement over which goods government should provide affects resource allocation in the public sector. An incumbent combines pre-determined capital with labor to produce different goods in the current period, and accumulates physical and financial capital for future...
Persistent link: https://www.econbiz.de/10010608238
This paper analyzes a framework where policymakers decide how to spend public resources on physical capital and labor in order to produce two public goods. Candidate policymakers disagree about which goods to produce, and may alternate in office due to elections. When capital and labor are...
Persistent link: https://www.econbiz.de/10005000213
This paper exemines the relationship between public and business investment in Canada using a bivariate structural VAR identified using long-run restrictions.
Persistent link: https://www.econbiz.de/10005631397
This paper provides a survey of the significant literature on the effects of public infrastructure investment on … presents a comprehensive discussion of the empirical research regarding the impact of public infrastructure investment on …
Persistent link: https://www.econbiz.de/10010732545
This paper investigates the possible existence and timing of structural breaks in public infrastructure investment in …
Persistent link: https://www.econbiz.de/10005029657
Lambrinidis M., Psycharis Y. and Rovolis A. (2005) Regional allocation of public infrastructure investment: the case of … infrastructure investment and applies it to Greece for 1982-94 using panel methods of estimation. The principal conclusions are that … regional allocations of infrastructure investment (1) were negatively associated with regional product per capita as well as …
Persistent link: https://www.econbiz.de/10005491632
public deficit, while in the second they are used in cost-reducing public investment in infrastructure. In the latter case …
Persistent link: https://www.econbiz.de/10005497891
infrastructure are not allocated a major role in recent reforms. This paper reviews recent trends in policies on transport … infrastructure and modal split, under the hypothesis that new investments in infrastructures are becoming less and less important in …
Persistent link: https://www.econbiz.de/10008873382
This paper is an up-to-date survey of the most important literature on the effects of public infrastructure investment … makers alike. It presents a comprehensive discussion of the empirical research on the impact of public infrastructure …
Persistent link: https://www.econbiz.de/10008804908