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The derivation of discount rates with an augmented measure of income
Muller, Nicholas Z. - 2016
Persistent link: https://www.econbiz.de/10011540555
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Government Spending, Taxes, and Economic Growth
Cashin, Paul Anthony - 2006
This paper develops an endogenous growth model of the influence of public investment, public transfers, and distortionary taxation on the rate of economic growth. The growth-enhancing effects of investment in public capital and transfer payments are modeled, as is the growth-inhibiting influence...
Persistent link: https://www.econbiz.de/10012781638
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The interdependence between biodiversity and socioeconomic variables on a local level : evidence for german counties
Münch, Angela; Völkl, Wolfgang - 2011
This paper explores possible interdependence of biodiversity and several socioeconomic and political factors at the … county level. It is aimed at the empirical identification of direct and indirect effects between biodiversity (loss) and … determinant of biodiversity status. However, the impact of regional socioeconomic structures on biodiversity should not be …
Persistent link: https://www.econbiz.de/10008990042
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Fiscal rules and composition bias in OECD countries
Dahan, Momi; Strawczynski, Michel - 2010
Using a sample of OECD countries, this paper finds that while fiscal rules succeeded in reducing total government expenditures and budget deficits in the medium term, they significantly affected the composition of government expenditure: the ratio of social transfers to government consumption...
Persistent link: https://www.econbiz.de/10003975574
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Do public investments increase employment in a recession? : evidence from Germany ; conference paper
Buchheim, Lukas; Watzinger, Martin - 2013
In 2009, Germany invested 15.4 Billion Euro in infrastructure to avert the looming recession. In this study, we evaluate whether the German stimulus program was successful in limiting the impact of the crisis on the job market. We exploit exogenous cross-sectional variation to identify the...
Persistent link: https://www.econbiz.de/10010341046
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Public investment and re-election prospects in developed countries
Katsimē, Margarita; Sarantides, Vassilis - 2011
A growing literature suggests that office motivated politicians manipulate fiscal policy instruments in order to seek their re-election. This paper investigates the impact of electoral manipulation of the level and composition of fiscal policy on incumbent’s re-election prospects. This impact...
Persistent link: https://www.econbiz.de/10009300692
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Public Capital and Economic Growth : Issues of Quantity, Finance, and Efficiency
Aschauer, David Alan - 1998
Over the past decade, a large body of theoretical and empirical research has considered the importance of the quantity of public capital for economic growth. For the most part, the empirical results point to a positive role for public capital in determining steady state levels of output per...
Persistent link: https://www.econbiz.de/10014052488
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Public Investment and Economic Performance in Highly Indebted Poor Countries : An Empirical Assessment
Belloc, Marianna; Vertova, Pietro - 2005
Understanding how public investment affects economic performance in highly indebted low-income countries is crucial in order to implement effective fiscal policies for adjustment with growth. In this paper we provide an empirical analysis to investigate the relationship between public...
Persistent link: https://www.econbiz.de/10014063247
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Government Spending on Infrastructure and Private Investment : A Disaggregated Analysis
Gitonga, Morris; Mose, Naftaly; Thuranira, Moses; … - 2022
Limited empirical studies have disaggregated the government spending into infrastructure and consumption expenditures in this thematic area. More so, Kenya has witnessed a tremendous increase in spending on infrastructural projects such as highways, road, ports, fiber optic, standard gauge...
Persistent link: https://www.econbiz.de/10014241875