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Wachstums- und Verschuldungseffekte einer kreditfinanzierten öffentlichen Investitionsoffensive
[Growth and Debt Effects of a Credit-Financed Public Investment Offensive]

Author

Listed:
  • Sebastian Dullien

    (Inst. f. Makroökonomie u. Konjunkturf. (IMK))

  • Ekaterina Jürgens

    (Otto-Friedrich-Universität Bamberg)

  • Christoph Paetz

    (Inst. f. Makroökonomie u. Konjunkturf. (IMK))

  • Sebastian Watzka

    (Inst. f. Makroökonomie u. Konjunkturf. (IMK))

Abstract

Zusammenfassung Öffentliche Investitionen stehen ganz oben auf der wirtschaftspolitischen Agenda in Deutschland. Simulationen mit dem makroökonomischen Mehrländermodell NiGEM zeigen, dass sich ein großes, 460 Mrd. Euro umfassendes, kreditfinanziertes Investitionsprogramm nach spätestens 30 Jahren selbst finanzieren würde. In der Zwischenzeit würden Wirtschaftsleistung und private Investitionstätigkeit deutlich kräftiger ausfallen als ohne solch eine Initiative.

Suggested Citation

  • Sebastian Dullien & Ekaterina Jürgens & Christoph Paetz & Sebastian Watzka, 2021. "Wachstums- und Verschuldungseffekte einer kreditfinanzierten öffentlichen Investitionsoffensive [Growth and Debt Effects of a Credit-Financed Public Investment Offensive]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 101(9), pages 700-705, September.
    • Handle: RePEc:spr:wirtsc:v:101:y:2021:i:9:d:10.1007_s10273-021-3003-5
    DOI: 10.1007/s10273-021-3003-5
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    References listed on IDEAS

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    1. Baxter, Marianne & King, Robert G, 1993. "Fiscal Policy in General Equilibrium," American Economic Review, American Economic Association, vol. 83(3), pages 315-334, June.
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    3. Andreas Stephan, 2003. "Assessing the contribution of public capital to private production: Evidence from the German manufacturing sector," International Review of Applied Economics, Taylor & Francis Journals, vol. 17(4), pages 399-417.
    4. Hubertus Bardt & Sebastian Dullien & Michael Hüther & Katja Rietzler, 2019. "Für eine solide Finanzpolitik: Investitionen ermöglichen!," IMK Report 152-2019, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    5. Vetlov, Igor & Ferdinandusse, Marien & de Jong, Jasper & Funda, Josip, 2017. "The effect of public investment in Europe: a model-based assessment," Working Paper Series 2021, European Central Bank.
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    7. Jorra, Markus & Esser, Andreas & Slopek, Ulf D., 2018. "The import content of expenditure components and the size of international spillovers," National Institute Economic Review, National Institute of Economic and Social Research, vol. 244, pages 21-29, May.
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    Cited by:

    1. Fritz Helmedag, 2022. "Steuern und Budgetdefizite als Determinanten des Sozialprodukts [How Taxes and Budget Deficits Determine Domestic Product]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 102(3), pages 229-235, March.

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    More about this item

    JEL classification:

    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • H6 - Public Economics - - National Budget, Deficit, and Debt

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