This paper analyzes the impact of public investment on private investment in panel of 116 developing countries between … aggregate production function, there are distortions associated with the public investment process that might render a crowding … out of private investment in the course of building public capital stocks. These distortions, in turn, are more prevalent …

This paper examines the dynamic association between foreign direct investment (FDI), public investment of local …

This paper evaluates the effect of shocks in government investment on private investment and national income, focusing … heterogeneous effect of public investment as regards to infrastructure. Hence, I divide government investment into infrastructure vs … evaluate the dynamic change in private investment and income. The study finds evidence of the crowding-out effect of government …

The study of the impact of public investment on poverty is currently of particular importance due to, among other … model to analyze the impact of public investment on income from various sectors of the economy. Subsequently, we use these … analyze its evolution over time. The estimated measurements indicate that public investment has a positive effect in reducing …

public investment that is used as a deficit ceiling in Germany. Two alternative budget rules are analysed, the Swiss debt …

This paper tries to explain the declining level of public investment in OECD countries. The theoretical framework hints … to the relevance of a number of demand and supply factors – ranging from the yield of public investment to institutions … the pile-up of public debt since the 70s which in the 90s severely restricted ability to finance new investment. Second to …

This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt … goods should be financed only from current revenue. With investment in the stock of public infrastructure, public sector …

shifts from public debt to public investment. As an alternative, we examine the effects of a capital borrowing rule which … permits the government to run a budget deficit equal to the amount of public investment. We show that this rule effectively …

Despite intense calls for safeguarding public investment in Europe, public investment expenditure, when measured in … temporary and permanent public investment shocks generate larger fiscal multipliers than exogenous increases in public … public consumption and a permanent fall in public investment, keeping thereby the overall level of public spending constant …

macroeconomic effects of public and private investment through VAR analysis. From impulse response functions, we are able to assess … the extent of crowding-in or crowding-out of both components of investment. We also compute the associated macroeconomic … rates of return of public and private investment for each country. The results point mostly to the existence of positive …