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Is Public capital Provision Efficient?

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Author Info
Otta, G.D.
Voss, G.M.

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Abstract

In this paper we provide a test of whether an optimal level of public investment has been undertaken in Australia over the last three decades The test is based on the intertemporal efficiency conditions for the standard optimal growth model with both private and public capital.

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Publisher Info
Paper provided by New South Wales - School of Economics in its series Papers with number 96/10.

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Length: 16 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:fth:nesowa:96/10

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Postal: THE UNIVERSITY OF NEW SOUTH WALES, SCHOOL OF ECONOMICS, P.O.B. 1 KENSINGTON, NEW SOUTH WALES 2033 AUSTRALIA.
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Web page: http://www.economics.unsw.edu.au/
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Related research
Keywords: INVESTMENTS; PUBLIC SECTOR;

Other versions of this item:

Find related papers by JEL classification:
E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

Cited by:
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  1. P R Agénor, 2005. "Schooling and Public Capital in a Model of Endogenous Growth," Centre for Growth and Business Cycle Research Discussion Paper Series 61, Economics, The Univeristy of Manchester. [Downloadable!]
    Other versions:
  2. Toshihiro Ihori & Hiroki Kondo, 2000. "Efficiency of Disaggregate Public Capital Provision in Japan," CIRJE F-Series CIRJE-F-75, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
  3. José E. Boscá & Antonio Cutanda & Javier Escribá, 2004. "Rates of return to public and private capital: new estimates using nonlinear Euler equations," Applied Economics, Taylor and Francis Journals, vol. 36(11), pages 1225-1232, June. [Downloadable!] (restricted)
  4. Ratbek Dzhumashev & Emin Gahramanov, 2009. "A Stochastic Growth Model with Income Tax Evasion: Implications for Australia," Economics Series 2009_05, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance. [Downloadable!]
  5. Rafael Doménech & Antonio Maudes & Juan Varela, 2000. "Fiscal flows in Europe: The redistributive effects of the EU budget," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 136(4), pages 631-656, December. [Downloadable!] (restricted)
Statistics
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This page was last updated on 2009-11-20.


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