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We empirically assess whether a usually expected negative response of private consumption and private investment to a … there is a fiscal consolidation; iii) there is a crowding-in effect for private investment, from fiscal contractions …
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annual data from 1960 to 2014. From impulse response functions we find that public investment had a positive growth effect in …. Private investment has a positive growth effect in all countries; crowds-out (crowds-in) public investment in Belgium and …We study the macroeconomic effects of public and private investment in 17 OECD economies through a VAR analysis with …
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Economic freedom and economic growth can be connected in most countries, but it is often necessary to specify those … aspects of economic freedom that can foster economic growth. This paper examines the nexus between economic freedom and … economic growth in the Least Developed Countries (LDCs) using panel data for the period 2000-2021. Results show that, in …
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