Arbeitspapier
Irish public capital spending in a recession
In the past the first expenditure to be cut during an economic downturn was capital expenditure. However, the cuts in capital expenditure of the late 1980's and 90's had left Ireland with an infrastructure deficit. This note highlights a number of important issues, which should be considered before decisions to spend tax payer's money to support the construction sector are taken. Overall the paper concludes that in the context of a relatively high cost per job created via public investment, public capital projects should be undertaken on the basis that they have a long-run return to the whole economy.
- Sprache
-
Englisch
- Erschienen in
-
Series: ESRI Working Paper ; No. 298
- Klassifikation
-
Wirtschaft
- Thema
-
public investment
construction sector
recession
Öffentliche Ausgaben
Infrastrukturinvestition
Bauwirtschaft
Konjunktur
Irland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Morgenroth, Edgar
- Ereignis
-
Veröffentlichung
- (wer)
-
The Economic and Social Research Institute (ESRI)
- (wo)
-
Dublin
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 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.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Morgenroth, Edgar
- The Economic and Social Research Institute (ESRI)
Entstanden
- 2009
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