significantly foster economic activity by raising aggregate productivity, private investment and employment. As a result, annual GDP … innovative investment for the Spanish economy that allows the medium-term effects of economic policies and shocks to be better …-term macroeconomic consequences of the different components of the Next Generation EU (NGEU) programme, including public investment …

Rationale The Recovery, Transformation and Resilience Plan (RTRP), linked to Next Generation EU, details an investment … investment in public infrastructures related to the green transition. •However, rigidities in the reallocation of resources …

with the NGEU exhibit larger size, greater productivity and better conditions of access to bank financing, both with …

This dissertation is comprised of two papers. In the first one, titled "Public Investment and Corruption in an … regarding public investment, corruption, and economic growth. In the model, government maximizes the weighted average of … to increase the before-tax returns to private investment and hence increase tax revenues that can be expropriated …

looks at the effects on productivity of different forms of investment--in physical capital, in Research & Development, and …The relationship between technology, productivity and employment is a complex one. Increased productivity can lead not … can develop new markets. On the other hand, if demand and hence output does not expand in line with productivity, then an …

An important theme in modern research on productivity has been that technological progress may be embodied in capital …

to improve their establishment level productivity relative to a peer control groups of firms. We find no evidence that … productivity after going private, there is little evidence of difference-in-differences efficiency gains relative to peer groups of … decision effects. Also, we do not find evidence that myopic markets lead to under-investment at the establishment level. On the …

access to credit increasesTFP up to 1.9% per 1000 EUR of additional credit. The use of variable inputs and capital investment … increases up to 2.3% and 29%, respectively, per 1000 EUR of additionalcredit. Due to credit-financed investment in labour …