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PUBLIC INVESTMENTS, DETERMINANTS OF ECONOMIC DEVELOPMENT

Andreea Semenescu ()

Theoretical and Applied Economics, 2008, vol. 11(528)(supplement), issue 11(528)(supplement), 100-106

Abstract: Economic growth and its determinants are very important issues for economic practice and literature. This study shows the effect of public investments on economic growth for a sample of European countries and aims at providing solution for improving the allocation of public funds for investments. The effect of corruption on economic growth through public investments is also analysed. The results demonstrate that public investments in infrastructure and in education lead to reducing national disparities, the later representing a potential optimal destination of European public funds.

Keywords: economic growth; public investments; regional disparities. (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:11(528)(supplement):y:2008:i:11(528)(supplement):p:100-106

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