Showing 1 - 10 of 21,474
This paper investigates the effects of oil financed public investment on poverty using a dynamic multisectoral general … equilibrium model featuring inter-temporal productivity spillovers, which may exhibit a sector-specific and regional bias. In … promising public investment strategy to enhance growth and reduce poverty. …
Persistent link: https://www.econbiz.de/10010278174
This paper studies the effects of distortionary taxes and public in- vestment in an endogenous growth OLG model with knowledge trans- mission. Fiscal policy affects growth in two respects: .rst, work time reacts to variations of prospective tax rates and modi.es knowledge formation; second,...
Persistent link: https://www.econbiz.de/10011753106
produce balanced growth, but result in public investment 50% below the socially optimal level. …
Persistent link: https://www.econbiz.de/10010260647
investment exerts a significant influence on real exchange rate and the growth rate and does so non-linearly. A comparison of the … governance on the effects of public investment. …
Persistent link: https://www.econbiz.de/10010288776
role of rising rates of investment. Because labor reallocation across sectors, TFP growth at the sector level and … investment are all inter-related, simple growth decompositions that are often used in the literature are not appropriate for … continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …
Persistent link: https://www.econbiz.de/10010269571
in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and … investment and, subsequently, lower employment and productivity growth. There is little evidence that unionization leads to … Medoff are clearly correct that union productivity effects vary substantially across workplaces. Their conclusion that union …
Persistent link: https://www.econbiz.de/10010261606
This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt … raises productivity, the government should not borrow to finance it as the resulting increase in public debt would lower … goods should be financed only from current revenue. With investment in the stock of public infrastructure, public sector …
Persistent link: https://www.econbiz.de/10010322715
This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt … raises productivity, the government should not borrow to finance it as the resulting increase in public debt would lower … should be financed only from current revenue. With investment in the stock of public infrastructure, public sector borrowing …
Persistent link: https://www.econbiz.de/10010285326
, productivity growth and capital accumulation. Moreover, there is evidence of a positive contribution to the process stemming from …
Persistent link: https://www.econbiz.de/10010311699
Persistent link: https://www.econbiz.de/10014306480