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Wachstums- und Verschuldungseffekte einer kreditfinanzierten öffentlichen Investitionsoffensive
[Growth and Debt Effects of a Credit-Financed Public Investment Offensive]

Author

Listed:
  • Sebastian Dullien

    (Inst. f. Makroökonomie u. Konjunkturf. (IMK))

  • Ekaterina Jürgens

    (Otto-Friedrich-Universität Bamberg)

  • Christoph Paetz

    (Inst. f. Makroökonomie u. Konjunkturf. (IMK))

  • Sebastian Watzka

    (Inst. f. Makroökonomie u. Konjunkturf. (IMK))

Abstract

Zusammenfassung Öffentliche Investitionen stehen ganz oben auf der wirtschaftspolitischen Agenda in Deutschland. Simulationen mit dem makroökonomischen Mehrländermodell NiGEM zeigen, dass sich ein großes, 460 Mrd. Euro umfassendes, kreditfinanziertes Investitionsprogramm nach spätestens 30 Jahren selbst finanzieren würde. In der Zwischenzeit würden Wirtschaftsleistung und private Investitionstätigkeit deutlich kräftiger ausfallen als ohne solch eine Initiative.

Suggested Citation

  • Sebastian Dullien & Ekaterina Jürgens & Christoph Paetz & Sebastian Watzka, 2021. "Wachstums- und Verschuldungseffekte einer kreditfinanzierten öffentlichen Investitionsoffensive [Growth and Debt Effects of a Credit-Financed Public Investment Offensive]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 101(9), pages 700-705, September.
    • Handle: RePEc:spr:wirtsc:v:101:y:2021:i:9:d:10.1007_s10273-021-3003-5
    DOI: 10.1007/s10273-021-3003-5
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    References listed on IDEAS

    as
    1. Valerie A. Ramey, 2020. "The Macroeconomic Consequences of Infrastructure Investment," NBER Chapters, in: Economic Analysis and Infrastructure Investment, pages 219-268, National Bureau of Economic Research, Inc.
    2. repec:diw:diwwpp:dp315 is not listed on IDEAS
    3. Hubertus Bardt & Sebastian Dullien & Michael Hüther & Katja Rietzler, 2019. "Für eine solide Finanzpolitik: Investitionen ermöglichen!," IMK Report 152-2019, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    4. Vetlov, Igor & Ferdinandusse, Marien & de Jong, Jasper & Funda, Josip, 2017. "The effect of public investment in Europe: a model-based assessment," Working Paper Series 2021, European Central Bank.
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    8. Jean-Marc Fournier, 2016. "The Positive Effect of Public Investment on Potential Growth," OECD Economics Department Working Papers 1347, OECD Publishing.
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    Cited by:

    1. Fritz Helmedag, 2022. "Steuern und Budgetdefizite als Determinanten des Sozialprodukts [How Taxes and Budget Deficits Determine Domestic Product]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 102(3), pages 229-235, March.

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    More about this item

    JEL classification:

    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • H6 - Public Economics - - National Budget, Deficit, and Debt

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