In this article we present an endogenous growth model with productive public investment in infrastructure capital …. Further, we suppose that the government pays lump-sum transfers to the household and subsidizes private investment. First, we … that variable depends on other fiscal parameters. Further, growth effects of varying the investment subsidy rate and of …

This paper develops an endogenous growth model of the influence of public investment, public transfers, and … distortionary taxation on the rate of economic growth. The growth-enhancing effects of investment in public capital and transfer …

compared to investment with regard to agricultural productivity so that policy makers hit the right tool and avoid less … public investment does to agricultural productivity. It is also found that power subsidy is the most effective component of …, researchers seem to favor investment expenditure instead. The present paper seeks to compare the usefulness of input subsidies as …

between productivity and private sector investment in plant and equipment, the author explores whether there is also a … connection between economic growth and public spending. She argues that public investment in infrastructure stimulates private … sector investment in plant and equipment. By providing empirical proof that public and private investment are complements in …