Influence of Inefficiency in Government Expenditure on the Multiplier of Public Investment

Shigeaki Ogibayashi () and Kosei Takashima
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Shigeaki Ogibayashi: Chiba Institute of Technology
Kosei Takashima: Chiba Institute of Technology

Computational Economics, 2017, vol. 50, issue 4, No 2, 549-577

Abstract: Abstract The multiplier of public investment has been expected to far exceed 1, owing to the indirect influence of public spending. However, it has been reported that actual multipliers for a real economy are sometimes

Keywords: Agent-based modeling; Inefficiency of government expenditure; Multiplier; Public investment (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (4)

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DOI: 10.1007/s10614-017-9671-y

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