Bericht

Linking public capital to economic performance - Public capital: The missing link between investment and economic growth

Following up on findings by J. Bradford DeLong and Lawrence Summers that a robust statistical relationship exists between productivity and private sector investment in plant and equipment, the author explores whether there is also a connection between economic growth and public spending. She argues that public investment in infrastructure stimulates private sector investment in plant and equipment. By providing empirical proof that public and private investment are complements in production, Erenburg supplies the missing link that explicitly ties public infrastructure to economic growth.

ISBN
0941276023
Sprache
Englisch

Erschienen in
Series: Public Policy Brief ; No. 14

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Erenburg, Sharon J.
Ereignis
Veröffentlichung
(wer)
Levy Economics Institute of Bard College
(wo)
Annandale-on-Hudson, NY
(wann)
1994

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Bericht

Beteiligte

  • Erenburg, Sharon J.
  • Levy Economics Institute of Bard College

Entstanden

  • 1994

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