direct investment, imports of productivity-enhancing technology - are petering out, and are yet to be substituted. We propose …

that public investment has a positive effect on long-term growth and on labour productivity. Public investment can also …An estimated baseline convergence model capturing the long-term effect of human capital and physical investment on … potential output for a panel of OECD countries is augmented with public investment and its components. The estimations suggest …

potential effects of fiscal decentralisation on a set of outcomes such as GDP, productivity, public investment and school … results suggest that both strategies appear to be equally beneficial for educational performance. Finally, investment in …

estimated medium-scale DSGE model. Results from a Bayesian estimation suggest that investment risk premia are a key driver of … slow recovery. Moreover, financial conditions also account for a substantial share of R&D investment dynamics. …