Ahsan, Syed; Tsigaris, Panagiotis Demetrios - 2002
It is well recognised that the issue of the social rate of discount applies only to the gains from public investment … that accrues to the public sector. When it comes to measurement, however, there is a problem: public investment in … plausibly argued to lead to increases in factor productivity in the private economy. This paper observes that government …
