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Public Capital Maintenance, Decentralization, and US Productivity Growth
Kalyvitis, Sarantis; Vella, Eugenia - In: Public Finance Review 39 (2011) 6, pp. 784-809
infrastructure's operations and maintenance (O&M) have roughly equalled those for new capital. We use this data set to investigate …
Persistent link: https://www.econbiz.de/10010533887
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PUBLIC INFRASTRUCTURE AND PRIVATE OUTPUT: AN APPLICATION TO GREECE
Mamatzakis, E.C. - In: Journal of Economic Development 27 (2002) 2, pp. 143-160
Recently, it has been announced by economic policy makers, that Greece¡¯s ambition for the 21st century is to become a business and transport hub, linking south-east Europe with EU markets. Undoubtedly, public infrastructure plays a determinant role in fulfilling these expectations and plans....
Persistent link: https://www.econbiz.de/10009351227
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Do fiscal transfers foster regional economic growth?
Mose, Naftaly - In: Financial Internet Quarterly 17 (2021) 1, pp. 19-27
recurrent budgets accelerates regional growth, hence confirming the Keynesian hypothesis. Conversely, fiscal transfer in capital … improve budget allocation and execution in capital budgets so as to improve physical infrastructure and thus boost private …
Persistent link: https://www.econbiz.de/10013466267
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Do fiscal transfers foster regional economic growth?
Mose, Naftaly - In: Financial internet quarterly 17 (2021) 1, pp. 19-27
recurrent budgets accelerates regional growth, hence confirming the Keynesian hypothesis. Conversely, fiscal transfer in capital … improve budget allocation and execution in capital budgets so as to improve physical infrastructure and thus boost private …
Persistent link: https://www.econbiz.de/10012588921
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Corporate Balance Sheet Adjustment: Stylized Facts, Causes and Consequences
Ruscher, Eric; Wolff, Guntram B. - In: Review of Economics 64 (2013) 2, pp. 117-138
Using national account data, we define corporate balance sheet adjustment episodes as periods during which major increases in non-financial corporations’ net lending/borrowing are experienced. An analysis of such episodes in Germany and Japan, and a more systematic exploration of a sample of...
Persistent link: https://www.econbiz.de/10011198683
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The Impact of Public Investment on Private Capital Formation: A Study Relating to Mexico
Ramirez, Miguel D. - In: Eastern Economic Journal 17 (1991) 4, pp. 425-437
Persistent link: https://www.econbiz.de/10005769902
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Rising skill premium and the dynamics of optimal capital and labor taxation
Tsai, Yi-Chan; Yang, C. C.; Yu, Hsin-Jung - In: Quantitative economics : QE ; journal of the … 13 (2022) 3, pp. 1061-1099
With capital‐skill complementarity, the secular decline in the price of capital equipment due to equipment … of whether the Ramsey (1927) or the Mirrlees (1971) approach is adopted. First, a tax on capital equipment corrects the … optimal taxation resembles the empirical decline in capital taxes and the increase in labor taxes observed in the United …
Persistent link: https://www.econbiz.de/10013382065
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Shifting Europe from Austerity to Growth: A Proposed Investment Programme for 2012-2015
Griffith-Jones, Stephany; Kollatz-Ahnen, Matthias; … - In: Ensayos Económicos 1 (2012) 65-66, pp. 107-127
As economic performance has deteriorated in most European countries, EU public opinion and leaders have begun to stress with increased urgency the need for far greater emphasis on growth. Meaningful actions on a sufficient scale have however not yet been taken, although the recent approval by...
Persistent link: https://www.econbiz.de/10010603897
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Verzehrt Deutschland seinen staatlichen Kapitalstock?
Grömling, Michael; Hüther, Michael; Jung, Markos - In: Wirtschaftsdienst 99 (2019) 1, pp. 25-31
Eine moderne öffentliche Infrastruktur ist die Grundlage einer leistungsfähigen Volkswirtschaft. Immer wieder ist in diesem Kontext von einer öffentlichen Investitionsschwäche die Rede. Mitunter wird angesichts negativer Nettoinvestitionen oder eines stagnierenden öffentlichen...
Persistent link: https://www.econbiz.de/10012004742
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Public investment a key prerequisite for private sector activity
Clemens, Marius; Goerge, Marius; Michelsen, Claus - In: DIW Weekly Report 9 (2019) 31, pp. 255-261
private investment growth is so weak that capital per worker (capital intensity) has virtually remained constant. An increase …
Persistent link: https://www.econbiz.de/10012042163