Despite large differences across countries, Latin America’s average investment-to-GDP ratio and the overall quality of infrastructure in the region are relatively low by international comparison. Empirical evidence on the effects of fiscal decentralisation on investment based on a panel of...

This paper analyzes the impact of Mapa- Regalías on efficiency in the execution of public investment projects in Colombia. MapaRegalías is an online platform that displays geo-referenced information and data on royalties coming from the extractives sector. The purpose of the platform is to...

The study of the impact of public investment on poverty is currently of particular importance due to, among other factors, the commitments that several countries have acquired in the framework of the Millennium Development Goals and the current political situation which gives a more prominent...

The government’s choices of the corporate tax rate and public investment are interdependent. In particular, they both respond positively to the other. Therefore, international tax competition not only drives corporate tax rates to lower levels but might also affect negatively the stock of...

The government's choices of the corporate tax rate and public investment are interdependent. In particular, they both respond positively to the other. Therefore, international tax competition not only drives corporate tax rates to lower levels but might also affect negatively the stock of public...

This paper analyzes the impact of public investment on private investment in panel of 116 developing countries between 1980 and 2006 using dynamic panel data techniques, finding a strong and robust crowding-out effect that seems to be the norm rather than the exception, both across regions and...

In Volkswirtschaften wie der Schweiz, Deutschland oder den USA liegt das Zinsniveau r derzeit unter der langfristigen Wachstumsrate des Bruttoinlandsprodukts n. Dies wird oftmals als Indiz für Überakkumulation interpretiert, welcher durch eine Erhöhung des schuldenfinanzierten Staatskonsums...

In the coalition agreement, the new federal government holds out the prospect of a 'decade of investment for the future'. It thus recognises that considerable additional investment-related government spending is necessary to overcome the investment backlog in Germany and promote the...

Energiesicherheit und -unabhängigkeit sind der neue Imperativ nach dem von Wladimir Putin befohlenen Angriffskrieg auf die Ukraine. Eine beschleunigte Transformation hin zur Klimaneutralität dient damit gleichzeitig ökologischen und sicherheitspolitischen Zielen. Sie erfordert massive...

Der Übergang zur Klimaneutralität bedeutet enorme technische und finanzielle Anstrengungen. Die kleinen strukturell und finanziell benachteiligten Bundesländer Bremen und das Saarland haben es aufgrund ihrer CO2-intensiven Industrien und begrenzten öffentlichen Haushalte besonders schwer....