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Croissance et Investissement: retour à l'économie de l'offre ?
[Growth and Investment : to Supply Policy Come Back ?]

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  • Landais, Bernard

Abstract

In a enlarged néoclassical growth theory tradition, we presents the links between economic growth and investment. We argue that the business investment is both the main signal and cause of a new growth "potential". We study what are the main determinants of investment and show why and how its value is becoming too low in European countries (and specialy in France). Entrepreneurship spirit looks very important and has to be restaured by supply-side and societal reforms.

Suggested Citation

  • Landais, Bernard, 2015. "Croissance et Investissement: retour à l'économie de l'offre ? [Growth and Investment : to Supply Policy Come Back ?]," MPRA Paper 63200, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:63200
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    References listed on IDEAS

    as
    1. James Liang & Hui Wang & Edward P. Lazear, 2018. "Demographics and Entrepreneurship," Journal of Political Economy, University of Chicago Press, vol. 126(S1), pages 140-196.
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    3. Lucas, Robert E, Jr, 1990. "Why Doesn't Capital Flow from Rich to Poor Countries?," American Economic Review, American Economic Association, vol. 80(2), pages 92-96, May.
    4. Nestor Gandelman & Ruben Hernandez-Murillo, 2015. "Risk Aversion at the Country Level," Review, Federal Reserve Bank of St. Louis, vol. 97(1), pages 53-66.
    5. Barro, Robert J, 1990. "Government Spending in a Simple Model of Endogenous Growth," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 103-126, October.
    6. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Investment-Growth-Supply-Side-Societal Reforms;

    JEL classification:

    • E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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