Results 261 to 270 of about 12,378,371 (309)

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.
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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
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The Effects of Public Investment on Private Investment in Developing Economies

Public Finance Review, 2005
The literature on the impact of public investment in developing economies gives inconsistent results on whether it complements or crowds out private investment. Applying several pooled specifications of a standard investment model to a panel of developing economies for 1980 to 1997, this study finds that public investment complements private investment,
ERDEN, LÜTFİ, Holcombe, Randall G.
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Public investment

This book explores the origins, rationale, problems and prospects of the European fiscal policy framework. It provides the reader with a roadmap to EMU’s budgetary framework by exploring its theoretical and empirical foundations, uncovering its historical roots and emphasising its supranational nature.
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Fiscal decentralization and public investment

2012
Decentralisation and Reform in Latin America analyses the process of intergovernmental reform in Latin America in the last two decades and presents a number of emerging issues. These include the impacts of decentralization and the response of countries in the region to challenge such as social cohesion, interregional and interpersonal disparities, the ...
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Criteria for Public Investment: A Reply

Journal of Political Economy, 1970
Among the young, a reverence for "received doctrine" is so rare a sentiment that it is only with reluctance I bring myself to reassert the case for iconoclasm, which case, it seems, Oakland (1969) has insufficiently appreciated. The grounds for this judgment are as follows: 1. A minor blemish perhaps,1 but one that is likely to mislead those who do not
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Public investment, private investment, and inflation

Journal of Economic Dynamics and Control, 1995
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Investments in public goods in Poland

This chapter explores the transformation of consumption patterns in response to global economic shocks and emphasises the crucial role of public goods in promoting sustainable development and consumption. The discussion is extended to post-socialist countries, where challenges of mature democracies, historical socioeconomic legacies, and social ...
Alina Szypulewska-Porczyńska, Anna Horodecka   +1 more
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Public Investment and Public-Private Partnerships

2007
Over the past three decades, public spending on infrastructure, as a share of GDP, has been on the decline worldwide. Although the link between infrastructure investment and economic growth is not yet fully understood, the quality of infrastructure clearly affects a country's productivity, competitiveness in export markets, and ability to attract ...
Richard Hemming, Gerd Schwartz, Bernardin Akitoby   +2 more
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Public Investment as Stimulus

Challenge, 2008
To mitigate rising unemployment, asks this economist, why not spend money on repairing schools, bridges, and roads? It would create jobs and boost productivity as well. Here are his remarks before a congressional committee.
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