Dubovik, Mayya V.; Komarova, Irina; Dinh Trong An - In: Russian journal of economics 11 (2025) 3, pp. 349-380
intended objectives while avoiding risks during implementation. The crowding-in/out effect of public investment on private …) models, the research demonstrated that public investment has a crowding-in effect on private investment in the long term …. Furthermore, the study identified two main causes of public investment crowding out private investment: first, when public …