Is Public capital Provision Efficient?

G.D. Otta and Graham Voss

Working Papers from New South Wales - School of Economics

Abstract: In this paper we provide a test of whether an optimal level of public investment has been undertaken in Australia over the last three decades The test is based on the intertemporal efficiency conditions for the standard optimal growth model with both private and public capital.

Keywords: INVESTMENTS; PUBLIC SECTOR (search for similar items in EconPapers)
JEL-codes: E60 H54 (search for similar items in EconPapers)
Pages: 16 pages
Date: 1996
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Journal Article: Is public capital provision efficient? (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:nesowa:96/10

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