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Can an increase in public investment sustainably lift economic growth?

Mourougane, Annabelle; Botev, Jarmila; Fournier, Jean-Marc - 2016

This paper seeks to identify the conditions under which raising public investment can sustainably lift growth without deteriorating public finances. To do so, it relies on a range of simulations using three different macro-structural models. According to the simulations, OECD governments could...

Persistent link: https://www.econbiz.de/10011578210

The effect of the size and the mix of public spending on growth and inequality

Fournier, Jean-Marc; Johansson, Åsa - 2016

This paper provides evidence on the effects of the size and the composition of public spending on long-term growth and inequality. An estimated baseline convergence model captures the long-term effect of human capital and total investment on potential output for a panel of OECD countries. The...

Persistent link: https://www.econbiz.de/10011578188

The positive effect of public investment on potential growth

Fournier, Jean-Marc - 2016

An estimated baseline convergence model capturing the long-term effect of human capital and physical investment on potential output for a panel of OECD countries is augmented with public investment and its components. The estimations suggest that public investment has a positive effect on...

Persistent link: https://www.econbiz.de/10011578195

Fostering inclusive growth in Malaysia

Nixon, Stewart; Asada, Hidekatsu; Koen, Vincent - 2017

Malaysia has followed a comparatively equitable development path, largely eliminating absolute poverty and greatly …” at the centre of Malaysia’s ambition to become a high-income country by 2020, the focus is shifting to the challenges of … shift would be aided by reforms in several policy areas where Malaysia may compare favourably within its region but less so …

Persistent link: https://www.econbiz.de/10011700175