The Resource The Macroeconomic Effects of Public Investment : Evidence from Advanced Economies, (electronic resource)

The Macroeconomic Effects of Public Investment : Evidence from Advanced Economies, (electronic resource)

Label
The Macroeconomic Effects of Public Investment : Evidence from Advanced Economies
Title
The Macroeconomic Effects of Public Investment
Title remainder
Evidence from Advanced Economies
Creator
Contributor
Subject
Genre
Language
  • eng
  • eng
Summary
This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the pub
Member of
Cataloging source
AU-PeEL
http://library.link/vocab/creatorName
Abiad, Abdul
Dewey number
  • 336.3
  • 336.3435091724
Language note
English
LC call number
HJ8899
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
  • Furceri, Davide
  • Topalova, Petia
Series statement
IMF Working Papers
Series volume
v.Working Paper No. 15/95
http://library.link/vocab/subjectName
  • Crowding out (Economics) -- Developed countries
  • Economic development -- Developing countries
  • Infrastructure (Economics) -- Developing countries
  • Public investments -- Developing countries
  • Business & Economics
  • Economic History
Label
The Macroeconomic Effects of Public Investment : Evidence from Advanced Economies, (electronic resource)
Instantiates
Publication
Note
Description based upon print version of record
Carrier category
online resource
Carrier category code
  • cr
Content category
text
Content type code
  • txt
Contents
  • Cover Page; Title Page; Copyright Page; Contents; Figures; Tables; II. The Macroeconomic Effects of Public Investment: A Stylized Framework; III. Empirical Strategy and Data; IV. Empirical Findings; A. Baseline results; 1. Effect of Public Investment in Advanced Economies; 2. The Effect of Public Investment in Advanced Economies: The Role of Economic Conditions; 3. The Effect of Public Investment in Advanced Economies: The Role of Efficiency; 4. The Effect of Public Investment in Advanced Economies: The Role of Mode of Financing
  • 5. Effect of Public Investment in Advanced Economies: The Role of Mode of FinancingB. Robustness Checks; 1. Effect of Public Investment on Output in Advanced Economies: Robustness; 6. Effect of Public Investment Shocks on Output, Recessions versus Expansions: Robustness Checks; 7. Effect of Public Investment Shocks on Output, High versus Low Efficiency: Robustness Checks; V. Model Simulations; 8. Model Simulations: Effect of Public Investment in Advanced Economies in the Current Scenario
  • 9. Model Simulations: Effect of Public Investment in Advanced Economies: The Role of Monetary Policy, Efficiency, and Return on Public CapitalVI. Conclusions and Policy Implications; References; I. Introduction; Footnotes
Dimensions
unknown
Extent
1 online resource (58 p.)
Form of item
electronic
Isbn
9781484361559
Media category
computer
Media type code
  • c
Specific material designation
remote
System control number
  • (CKB)3710000000435602
  • (EBL)2065629
  • (SSID)ssj0001538861
  • (PQKBManifestationID)11914503
  • (PQKBTitleCode)TC0001538861
  • (PQKBWorkID)11528864
  • (PQKB)11155261
  • (EXLCZ)993710000000435602
Label
The Macroeconomic Effects of Public Investment : Evidence from Advanced Economies, (electronic resource)
Publication
Note
Description based upon print version of record
Carrier category
online resource
Carrier category code
  • cr
Content category
text
Content type code
  • txt
Contents
  • Cover Page; Title Page; Copyright Page; Contents; Figures; Tables; II. The Macroeconomic Effects of Public Investment: A Stylized Framework; III. Empirical Strategy and Data; IV. Empirical Findings; A. Baseline results; 1. Effect of Public Investment in Advanced Economies; 2. The Effect of Public Investment in Advanced Economies: The Role of Economic Conditions; 3. The Effect of Public Investment in Advanced Economies: The Role of Efficiency; 4. The Effect of Public Investment in Advanced Economies: The Role of Mode of Financing
  • 5. Effect of Public Investment in Advanced Economies: The Role of Mode of FinancingB. Robustness Checks; 1. Effect of Public Investment on Output in Advanced Economies: Robustness; 6. Effect of Public Investment Shocks on Output, Recessions versus Expansions: Robustness Checks; 7. Effect of Public Investment Shocks on Output, High versus Low Efficiency: Robustness Checks; V. Model Simulations; 8. Model Simulations: Effect of Public Investment in Advanced Economies in the Current Scenario
  • 9. Model Simulations: Effect of Public Investment in Advanced Economies: The Role of Monetary Policy, Efficiency, and Return on Public CapitalVI. Conclusions and Policy Implications; References; I. Introduction; Footnotes
Dimensions
unknown
Extent
1 online resource (58 p.)
Form of item
electronic
Isbn
9781484361559
Media category
computer
Media type code
  • c
Specific material designation
remote
System control number
  • (CKB)3710000000435602
  • (EBL)2065629
  • (SSID)ssj0001538861
  • (PQKBManifestationID)11914503
  • (PQKBTitleCode)TC0001538861
  • (PQKBWorkID)11528864
  • (PQKB)11155261
  • (EXLCZ)993710000000435602

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