Public Capital and Economic Growth: a Spurious Empirical Link?

Gwenaëlle Poilon

Chapter 5 in Fiscal Policy in the European Union, 2008, pp 109-128 from Palgrave Macmillan

Abstract: Abstract Assessing the factors underlying long-run economic growth is one of the most important issues of applied macroeconomics. And whereas the role of fiscal policy is still in debate among economists, there is general agreement about the key role played by one of its spending items, namely public investment.

Keywords: Fiscal Policy; Public Investment; Productive Role; Public Capital; Private Capital (search for similar items in EconPapers)
Date: 2008
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DOI: 10.1057/9780230228269_6

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