Results 291 to 300 of about 18,739,067 (351)

Public investment fiscal multipliers: An empirical assessment for European countries

, 2020
This paper aims to estimate fiscal multipliers in eleven Eurozone countries. To do this, we make use of yearly data provided by the OECD for the 1970–2016 period.
Matteo Deleidi, Francesca Iafrate, E. Levrero   +2 more
semanticscholar   +1 more source

Delays in Public Investment Projects

SSRN Electronic Journal, 2021
The returns from public investment, especially during periods of scaling up, are often lower than expected. To understand the mechanisms behind this regularity we exploit original information on investment projects obtained from World Bank project reports to document the extent and the drivers of time delays in project implementation.
Raphael Espinoza, Andrea F. Presbitero
openaire   +1 more source

Public investment and growth: Lessons learned from 60-years experience in Southern Italy

, 2020
This article analyses the contribution of public investment to economic growth in Southern Italy in the second half of the twentieth century (1951–2011).
Erasmo Papagni, A. Lepore, Emanuele Felice, A. L. Baraldi, M. Alfano   +4 more
semanticscholar   +1 more source

Private and public investment in sub-Saharan Africa: The role of instability risks

, 2020
This paper explores the impact of public investment on private investment in sub-Saharan Africa using the finite mixture model. We argue that the impact of public investment on private investment differs across groups of countries with similar but ...
Rasmane Ouedraogo, Relwendé Sawadogo, H. Sawadogo   +2 more
semanticscholar   +1 more source

Mobilising investments in renewable energy in Germany: which role for public investment banks?

Journal of Sustainable Finance & Investment, 2020
Although renewable energy investments are not characterized by climate change mitigation as their primary objective, they still target activities that are related to the reduction of GHG emissions and are thus crucial for the transition to a low-carbon ...
P. D’Orazio, Philipp Löwenstein
semanticscholar   +1 more source

Public investment and intergenerational distribution

Journal of Economic Dynamics and Control, 2002
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Heijdra, BJ, Meijdam, L
openaire   +3 more sources

Fiscal rules and the intergenerational welfare effects of public investment

Economic Modelling, 2019
A common argument against balanced-budget fiscal rules has it that the costs of durable public capital fall entirely on current generations while its benefits also accrue to future generations.
P. Bom, B. Theilen
semanticscholar   +1 more source

Macroeconomic effects of public investment in South-East Europe

Journal of Policy Modeling, 2019
This paper provides the first cross-country study of the macroeconomic effects of public investment in South-East Europe. For these countries, we construct a unique dataset of exogenous changes in public investment and use them with Jorda (2005) local ...
Igor Masten, Ana Grdović Gnip
semanticscholar   +1 more source

Criteria for Public Investment: A Comment

Journal of Political Economy, 1970
In a recent article, Mishan (1967) challenged the validity of the discounting procedure set forth by Marglin (1963) and Feldstein (1964) for evaluating the time streams of benefits and costs generated by public investments. As an alternative, he proposed that the rate of return on private investment, p, be used for discounting purposes.
openaire   +1 more source

Criteria for Public Investment: Comment

Journal of Political Economy, 1972
Two countries, Marglina and Mishana, are identical in all respects except for differing institutional constraints on government behavior.1 In Marglina, the government is barred from direct operation of traditionally private production activities (although such processes may be acquired by internal financing within legitimate government enterprises). In
openaire   +1 more source