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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 …
Persistent link: https://www.econbiz.de/10003747969
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 …
Persistent link: https://www.econbiz.de/10011604910
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somewhat downplay the role investment played relative to growth in multi-factor productivity in the UK and the US during 1995 …
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