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expenditure on productivity growth in the private sector. The focus on productivity in the private sector and the use of … educational expenditure has a positive effect, and government investment has no effect on private productivity growth. The impact … is also found to work solely through total factor productivity and not via the marginal productivity of labor and capital …
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We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...
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We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...
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