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public infrastructure in the context of a growing economy. Our results indicate that uncertainty about the arrival of public … capital can more than offset its positive spillovers for private-sector productivity. In a decentralized economy …
Persistent link: https://www.econbiz.de/10011602807
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We introduce public capital and public services as inputs in an endogenous growth model. We show that the growth rate depends on the apportionment of tax revenues between the accumulation of public capital and the provision of public services. When public spending is financed by proportional...
Persistent link: https://www.econbiz.de/10014070750
public infrastructure in the context of a growing economy. Our results indicate that uncertainty about the arrival of public … capital can more than offset its positive spillovers for private-sector productivity. In a decentralized economy …
Persistent link: https://www.econbiz.de/10012934762
public infrastructure in the context of a growing economy. Our results indicate that uncertainty about the arrival of public … capital can more than offset its positive spillovers for private-sector productivity. In a decentralized economy …
Persistent link: https://www.econbiz.de/10012961081
We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...
Persistent link: https://www.econbiz.de/10013316522
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We test the reproducibility and replicability of Dincecco et al. (2022), which reports a positive relationship between pre-colonial interstate warfare and long-run development patterns across India. Overall, we confirm that all of the study's estimates are computationally reproducible by using...
Persistent link: https://www.econbiz.de/10014294220