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The Effects of Public Investment

A. Fuente and Rafael Domenech

Chapter 5 in The Spanish Economy, 2011, pp 120-143 from Palgrave Macmillan

Abstract: Abstract The public sector accounts for a significant fraction of fixed capital formation in most countries. Public administrations, together with public organisations and enterprises, are often the main suppliers of transport and other key infrastructures and devote large amounts of resources to investment in educational, health care and administrative facilities. Spain is no exception to this. Over the twenty years between 1985 and 2005, the Spanish public administrations accounted on average for over 16 per cent of total investment

Keywords: Productivity Growth; Private Investment; Public Investment; Public Capital; Private Capital (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30754-4_5

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DOI: 10.1057/9780230307544_5

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