EconPapers    
Economics at your fingertips  
 

Working Paper 01-17 - Public Investment in Belgium - Current State and Economic Impact

Bernadette Biatour, Chantal Kegels, Jan van der Linden and Dirk Verwerft

Working Papers from Federal Planning Bureau, Belgium

Abstract: Belgian government investment, and specifically the part spent on infrastructure, is relatively low both in historical terms and compared to neighbouring countries. A simulation with the European Commission's Quest III model suggests that increasing government investment permanently by 0.5% of GDP leads to a growth in GDP, private consumption and private investment. The impact of alternative financing mechanisms is compared. Finally, a budget neutral shift of investment in favour of infrastructure is found to yield significant benefits in terms of GDP and its main components already in the medium run.

Keywords: Public investment; Infrastructure; Public finance; General equilibrium; Simulation (search for similar items in EconPapers)
JEL-codes: E27 E62 H54 (search for similar items in EconPapers)
Date: 2017-01-26
New Economics Papers: this item is included in nep-eec and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.plan.be/uploaded/documents/201701270618330.WP_1701_11411.pdf english version (application/pdf)
https://www.plan.be/uploaded/documents/201702131229550.wp_0117_slideshow.pdf english version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fpb:wpaper:1701

Access Statistics for this paper

More papers in Working Papers from Federal Planning Bureau, Belgium Contact information at EDIRC.
Bibliographic data for series maintained by Dominique van der Wal ().

 
Page updated 2021-02-05
Handle: RePEc:fpb:wpaper:1701