Narrow search
Showing 101 - 110 of 5,186
Cover Image
Convergence of carbon dioxide emissions in the Americas and its determinants
Martins, Mikael A.; Heshmati, Almas - In: Latin American economic review : LAER ; official … 31 (2022), pp. 1-33
This paper investigates the convergence behaviour of carbon dioxide emissions for 39 countries in the Americas from … 1960-2016. A linear regression test of convergence which looks for conditional sigma convergence is employed, and a … clustering algorithm is used to identify convergence clubs. The results show evidence of convergence in the region for the long …
Persistent link: https://www.econbiz.de/10014234252
Cover Image
A primer on public investment in Europe, old and new /
Perée, Eric; Välilä, Timo - 2007
We take stock of what is known about public investment in the member states of the European Union, old and new alike. The interesting features about the long-term evolution of public investment have been its downtrend in old EU member states, bar the cohesion countries, and its volatility in new...
Persistent link: https://www.econbiz.de/10008939528
Cover Image
Fiscal rules and public investment
Perée, Eric; Välilä, Timo - 2005
This paper examines the link between fiscal rules and public investment both normatively and empirically. We first review the arguments for and against including public investment spending in a fiscal deficit rule. We then seek to assess the determinants of public investment, with a special...
Persistent link: https://www.econbiz.de/10008939538
Cover Image
Evolution and determinants of public investment in Europe
Välilä, Timo; Mehrotra, Aaron N. - 2005
We examine the evolution of public investment and public capital stocks in Europe during the past three decades. Against this background, we employ an array of econometric techniques to assess the macroeconomic determinants of public investment, with a special focus on its long-term trend. We...
Persistent link: https://www.econbiz.de/10008939539
Cover Image
Implementing the golden rule for public investment in Europe : safeguarding public investment and supporting the recovery
Truger, Achim - 2015
Most parts of the Euro area have seen seven years of deep economic crisis. The strategy of tightening the fiscal constraints of the SGP has driven many member states into austerity. In contrast, the golden rule of public investment proposed in this study would be one important element of the...
Persistent link: https://www.econbiz.de/10011336549
Cover Image
Productive government expenditure and economic growth
Irmen, Andreas; Kuehnel, Johanna - 2008
We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...
Persistent link: https://www.econbiz.de/10003747332
Cover Image
The golden rule of public investment : a necessary and sufficient reform of the EU fiscal framework?
Truger, Achim - 2016
It is by now a widely shared insight that fiscal policy needs to be re-strengthened as a macroeconomic policy instrument within European macroeconomic policies: Recent experiences with austerity policies, new research regarding the size of the fiscal multiplier and the fact that monetary policy...
Persistent link: https://www.econbiz.de/10011477456
Cover Image
Is Public Expenditure Productive? Evidence from the Manufacturing Sector in U.S. Cities, 1880-1920
Yeoh Nimmons, Melissa - 2012
This article provides the first examination of the relationship between public expenditures and labor productivity that focuses on municipalities, rather than states or nations. We use data for 1880-1920, a period of rapid industrialization in which there were both high levels of public...
Persistent link: https://www.econbiz.de/10013099262
Cover Image
The quality of public finances
Thöne, Michael - 2022
The concept of the "quality of public finances" (QPF) covers many qualitative and structural issues of fiscal policy. This chapter traces the origins of the concept of QPF to the Lisbon Strategy and the subsequent EPC Working Group on "Quality of Public Finances" (2004‐2007). At its core, the...
Persistent link: https://www.econbiz.de/10013188102
Cover Image
Productive Government Expenditure and Economic Growth
Irmen, Andreas; Kuehnel, Johanna - 2021
We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...
Persistent link: https://www.econbiz.de/10013316522