when spending on investment is best done by the government itself, and when public funds should be used to support … investment by the private sector. A key concept in this issue is the degree of external benefits, or spillovers, of investment …. These notions refer to the fact that sometimes a certain action by an economic agent results indirectly in productivity …

This paper focuses on investment in research and development as a factor of labour productivity and economic growth … productivity (expressed in the number of hours worked) based on selected data for EU Member States in the period 1995-2013. A … development (2.85% of EU GDP) maximising productivity (per hour of work) was determined based on the examined data. In accordance …

remain low and investment activity is weak. This questions current economic policies of the Economic and Monetary Union … investment volume of 315 billion Euro should be made available, enabled by 21 billion Euro of public money. The budget … expansive public investment conducted through these Synergetic Financial Instruments and thus gathers information to undertake …

This paper explores the long-term relationship between public and private investment in the euro area. A stock … the model for private investment flows. In fact, standard models that include private investment flows, GDP, and the real … investment. Thus, the lack of public investment may have been restricting private investment and GDP growth in the euro area. …

This paper explores the long run relationship between public and private investment in the euro area in terms of … capital stocks and gross investment flows. Panel techniques accounting for international spillovers are employed. While … private and public capital stocks are cointegrated, the evidence is quite fragile for public and private investment flows …