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This paper proposes a dynamic politico-economic theory of debt, government finance and expenditure. Agents have … consumption, the less debt is accumulates. We extend the analysis to redistributive policies and political shocks. The theory …
Persistent link: https://www.econbiz.de/10014049381
asymmetric vector autoregressive (VAR) model, the paper finds no real crowding out between public and private investment; rather … to analyze the nonhomogeneity aspects of public investment. The results of the Impulse Response Function reinforced that … investmentin particular, public infrastructure investmentin determining private corporate investment in the medium and long terms …
Persistent link: https://www.econbiz.de/10003727244
highways, road, ports, fiber optic, standard gauge railway, and massive investment in road management and maintenance. All … investment in the country. The study used secondary data for 1963 to 2018 from annual statistical abstracts and economic surveys … private investment in the long run. On the contrary, defense and education development spending influence private investment …
Persistent link: https://www.econbiz.de/10014241875
The equilibrium conditions for an economic system that produces output with several factors of production and which is subject to technological constraints are derived. Optimization of either output minus cost or integrated utility yields the conditions that output elasticities must be equal to...
Persistent link: https://www.econbiz.de/10003850488
Persistent link: https://www.econbiz.de/10001202954
, while one is concerned with determinants of investment in ICT networks. The study uses German firm-level data and regional …
Persistent link: https://www.econbiz.de/10011742893
Persistent link: https://www.econbiz.de/10009013007
, while one is concerned with determinants of investment in ICT networks. The study uses German firm-level data and regional …
Persistent link: https://www.econbiz.de/10011312803
Persistent link: https://www.econbiz.de/10000603211
Persistent link: https://www.econbiz.de/10003515234