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Productive government expenditure and economic growth
Irmen, Andreas; Kuehnel, Johanna - 2008
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...
Persistent link: https://www.econbiz.de/10003747332
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The Impact of Public Budgets on Overall Productivity Growth
Handler, Heinz - 2011
To fulfill their tasks, governments rely on public expenditures and taxes. Both influence the incentives and shape the decisions and actions of private economic agents. As governments resort to both instruments simultaneously, their combined theoretical impact on economic performance is a priori...
Persistent link: https://www.econbiz.de/10013123485
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Productive Government Expenditure and Economic Growth
Irmen, Andreas; Kuehnel, Johanna - 2021
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...
Persistent link: https://www.econbiz.de/10013316522
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The Size and Performance of Public Sector Activities in Europe : An Overview
Handler, Heinz - 2017
activities may have an effect on overall productivity and economic growth via two channels: Directly, through the level and … changes of productivity within the public sector, and indirectly, by triggering off productivity changes in private production … sector reforms aiming to consolidate the size of government are likely to enhance the sector's own productivity and are …
Persistent link: https://www.econbiz.de/10012975966
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The Effects of Wage Distortions on the Transition: Theory and Evidence from China.
Gordon, R.H.; Li, D.D. - Michigan - Center for Research on Economic & Social Theory - 1997
state sector as the most able workers leave, 2) higher productivity in the nonstate sector, which consists of the most able …
Persistent link: https://www.econbiz.de/10005671904
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The Role of Real Wages, Productivity, and Fiscal Policy in Germany's Great Depression 1928-37
Fisher, Jonas D. M. - 2012
-37. In this time period, real wages were countercyclical, and productivity and fiscal policy was procyclical. We use the … in productivity and fiscal policy were also important for the decline and recovery. Even though our analysis is limited …
Persistent link: https://www.econbiz.de/10013097364
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The Role of Real Wages, Productivity, and Fiscal Policy in Germany's Great Depression 1928-1937
Fisher, Jonas D. M.; Hornstein, Andreas - 2002
-37. In this time period, real wages were countercyclical, and productivity and fiscal policy were procyclical. We use the … in productivity and fiscal policy were also important for the decline and recovery. Even though our analysis is limited …
Persistent link: https://www.econbiz.de/10014125726
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Revisiting the Supply-Side Effects of Government Spending Under Incomplete Markets
Angeletos, George-Marios; Panousi, Vasia - 2007
long-run effect on the interest rate, the capital-labor ratio, and labor productivity, while it increases work hours due to … certain conditions, also to a lower capital-labor ratio, lower productivity and lower wages …
Persistent link: https://www.econbiz.de/10014050630
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The Role of Real Wages, Productivity, and Fiscal Policy in Germany's Great Depression 1928-37
Fisher, Jonas D.M.; Hornstein, Andreas - In: Review of Economic Dynamics 5 (2002) 1, pp. 100-127
-37. In this time period, real wages were countercyclical, and productivity and fiscal policy was procyclical. We use the … in productivity and fiscal policy were also important for the decline and recovery. Even though our analysis is limited …
Persistent link: https://www.econbiz.de/10005091006
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Public debt and economic growth: Economic systems matter
Ahlborn, Markus; Schweickert, Rainer - 2015
Most studies on the relationship between public debt and economic growth implicity assume homegenous debt effects across their samples. We - in accordance with recent literature - challenge this view and state that there likely is a great deal of cross-country heterogeneity in that relationship....
Persistent link: https://www.econbiz.de/10011402714