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Although many studies indicate that both the level and composition of public spending are significant for economic growth, the results in the empirical literature are still mixed. This paper studies the importance of country sample selection and expenditure classification in explaining these...
Persistent link: https://www.econbiz.de/10011394661
This paper presents a small-scale intertemporal model of endogenous growth that accounts for the composition of public expenditure and externalities associated with public capital. Government spending is disaggregated into various components, including maintenance, security, and investment in...
Persistent link: https://www.econbiz.de/10010521479
Persistent link: https://www.econbiz.de/10003607577
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Persistent link: https://www.econbiz.de/10011393221
Although many studies indicate that both the level and composition of public spending are significant for economic growth, the results in the empirical literature are still mixed. This paper studies the importance of country sample selection and expenditure classification in explaining these...
Persistent link: https://www.econbiz.de/10012976450
Although many studies indicate that both the level and composition of public spending are significant for economic growth, the results in the empirical literature are still mixed. This paper studies the importance of country sample selection and expenditure classification in explaining these...
Persistent link: https://www.econbiz.de/10012551583
This paper presents a small-scale intertemporal model of endogenous growth that accounts for the composition of public expenditure and externalities associated with public capital. Government spending is disaggregated into various components, including maintenance, security, and investment in...
Persistent link: https://www.econbiz.de/10012552878
This paper presents a small-scale intertemporal model of endogenous growth that accounts for the composition of public expenditure and externalities associated with public capital. Government spending is disaggregated into various components, including maintenance, security, and investment in...
Persistent link: https://www.econbiz.de/10012747517