Public and private investment rates of return: evidence for industrialized countries
AbstractWe compute the macroeconomic rates of return of public and private investment implicit in a VAR for 14 European Union countries, Canada, Japan and the United States. Results point mostly to positive effects of public and private investment on output, whereas public investment crowds out private investment in a significant number of countries.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 17 (2010)
Issue (Month): 9 ()
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- Diogo Barbosa & Vitor M. Carvalho & Paulo J. Pereira, 2013. "The interaction between firms and Government in the context of investment decisions: a real options approach," FEP Working Papers 507, Universidade do Porto, Faculdade de Economia do Porto.
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"On The Economic Effects Of Investment In Railroad Infrastructures In Portugal,"
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Chung-Ang Unviersity, Department of Economics, vol. 37(2), pages 79-107, June.
- Alfredo Marvão Pereira & Jorge M. Andraz, 2010. "On The Economic Effects Of Investment In Railroad Infrastructures In Portugal," Working Papers 96, Department of Economics, College of William and Mary, revised 03 Apr 2012.
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