An Empirical Analysis of The Effects of Government Spending on Capital Investment: Evidence from O.E.C.D. Countries
Author
Abstract
Suggested Citation
DOI: 10.1080/10168739900000028
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Feldstein, Martin, 1982.
"Government deficits and aggregate demand,"
Journal of Monetary Economics, Elsevier, vol. 9(1), pages 1-20.
- Martin Feldstein, 1980. "Government Deficits and Aggregate Demand," NBER Working Papers 0435, National Bureau of Economic Research, Inc.
- Barth, James R & Russek, Frank S & Wang, George H K, 1986. "A Time Series Analysis of the Relationship between the Capital Stock and Federal Debt: A Comment," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 18(4), pages 527-538, November.
- Kormendi, Roger C, 1983. "Government Debt, Government Spending, and Private Sector Behavior," American Economic Review, American Economic Association, vol. 73(5), pages 994-1010, December.
- Modigliani, Franco & Sterling, Arlie, 1986. "Government Debt, Government Spending and Private Sector Behavior: Comment," American Economic Review, American Economic Association, vol. 76(5), pages 1168-1179, December.
- Michael W. Keran, 1970. "Monetary and fiscal influences on economic activity : the foreign experience," Review, Federal Reserve Bank of St. Louis, vol. 52(Feb), pages 16-28.
- Barro, Robert J, 1981.
"Output Effects of Government Purchases,"
Journal of Political Economy, University of Chicago Press, vol. 89(6), pages 1086-1121, December.
- Robert J. Barro, 1980. "Output Effects of Government Purchases," NBER Working Papers 0432, National Bureau of Economic Research, Inc.
- Barro, Robert J., 1981. "Output Effects of Government Purchases," Scholarly Articles 3451294, Harvard University Department of Economics.
- Kolluri, Bharat R. & Giannaros, Demetrios S., 1987. "Budget deficits and short-term real interest rate forecasting," Journal of Macroeconomics, Elsevier, vol. 9(1), pages 109-109.
- Leonall C. Andersen & Jerry L. Jordan, 1968. "Monetary and fiscal actions: a test of their relative importance in economic stabilization," Review, Federal Reserve Bank of St. Louis, vol. 50(Nov), pages 11-23.
- Jorgenson, Dale W, 1971. "Econometric Studies of Investment Behavior: A Survey," Journal of Economic Literature, American Economic Association, vol. 9(4), pages 1111-1147, December.
- Cebula, Richard, 1977. "Crowding Out: An Empirical Note," MPRA Paper 54515, University Library of Munich, Germany.
- Eisner, Robert & Pieper, Paul J, 1986. "A New View of the Federal Debt and Budget Deficits: Reply," American Economic Review, American Economic Association, vol. 76(5), pages 1156-1157, December.
- Kochin, Levis A, 1974. "Are Future Taxes Anticipated by Consumers? Comment," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 6(3), pages 385-394, August.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Gianni Carvelli, 2023. "The long-run effects of government expenditure on private investments: a panel CS-ARDL approach," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 47(3), pages 620-645, September.
- Spector, Lee C, 1999.
"Macroeconomic Models and the Determination of Crowding Out,"
Public Finance = Finances publiques, , vol. 54(1-2), pages 84-98.
- Lee C. Spector, 2005. "Macroeconomic Models and the Determination of Crowding Out," Working Papers 200511, Ball State University, Department of Economics, revised Mar 2006.
- Thanh Dinh Su & Canh Phuc Nguyen, 2021.
"Twin balances, public governance and private investment: Quantile estimation for OECD countries,"
International Economics, CEPII research center, issue 165, pages 85-93.
- Su, Thanh Dinh & Nguyen, Canh Phuc, 2021. "Twin balances, public governance and private investment: Quantile estimation for OECD countries," International Economics, Elsevier, vol. 165(C), pages 85-93.
- Dearmon, Jacob & Grier, Robin, 2011. "Trust and the accumulation of physical and human capital," European Journal of Political Economy, Elsevier, vol. 27(3), pages 507-519, September.
- T.K. Jayaraman & Chee-Keong Choong, 2006. "Public Debt And Economic Growth In The South Pacific Islands: A Case Study Of Fiji," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 31(2), pages 107-121, December.
- Ranjan Kumar Mohanty, 2016. "Does Fiscal Deficit Crowd Out Private Corporate Sector Investment In India?," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 64(05), pages 1201-1224, November.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Sharon J. Erenburg, 1993. "The Relationship Between Public and Private Investment," Economics Working Paper Archive wp_85, Levy Economics Institute.
- Elmendorf, Douglas W. & Gregory Mankiw, N., 1999.
"Government debt,"
Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 25, pages 1615-1669,
Elsevier.
- Douglas W. Elmendorf & N. Gregory Mankiw, 1998. "Government Debt," Harvard Institute of Economic Research Working Papers 1820, Harvard - Institute of Economic Research.
- Douglas W. Elmendorf & N. Gregory Mankiw, 1998. "Government Debt," NBER Working Papers 6470, National Bureau of Economic Research, Inc.
- Elmendorf, Douglas W. & Mankiw, N, 1999. "Government Debt," Scholarly Articles 2643866, Harvard University Department of Economics.
- Douglas W. Elmendorf & N. Gregory Mankiw, 1998. "Government debt," Finance and Economics Discussion Series 1998-09, Board of Governors of the Federal Reserve System (U.S.).
- Bilgili, Faik, 1999. "Yeni Klasik kurama göre bütçe politikalarının değerlendirilmesi [An evaluation of New Classical arguments on budget policies]," MPRA Paper 80771, University Library of Munich, Germany.
- David Alan Aschauer, 1990.
"Is Government Spending Stimulative?,"
Contemporary Economic Policy, Western Economic Association International, vol. 8(4), pages 30-46, October.
- David Alan Aschauer, 1988. "Is government spending stimulative?," Staff Memoranda 88-3, Federal Reserve Bank of Chicago.
- Stephen Mathis & Hamid Bastin, 1992. "Tax Discounting Vs. Crowding Out," Contemporary Economic Policy, Western Economic Association International, vol. 10(2), pages 54-62, April.
- Sharon J. Erenburg, "undated". "Linking Public Capital to Economic Performance, Public Capital: The Missing Link Between Investment and Economic Growth ," Economics Public Policy Brief Archive 14, Levy Economics Institute.
- Brunila, Anne, 1997. "Current income and private consumption : Saving decisions : Testing the finite horizon model," Research Discussion Papers 6/1997, Bank of Finland.
- repec:zbw:bofrdp:1997_006 is not listed on IDEAS
- Krishanu Pradhan, 2016.
"Ricardian Approach to Fiscal Sustainability in India,"
Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 10(4), pages 499-529, November.
- Pradhan, Krishanu, 2015. "Ricardian approach to fiscal sustainability in India," Working Papers 335, Institute for Social and Economic Change, Bangalore.
- B. Douglas Bernheim, 1987.
"Ricardian Equivalence: An Evaluation of Theory and Evidence,"
NBER Chapters, in: NBER Macroeconomics Annual 1987, Volume 2, pages 263-316,
National Bureau of Economic Research, Inc.
- B. Douglas Bernheim, 1987. "Ricardian Equivalence: An Evaluation of Theory and Evidence," NBER Working Papers 2330, National Bureau of Economic Research, Inc.
- Brunila, Anne, 1997. "Current income and private consumption: Saving decisions: Testing the finite horizon model," Bank of Finland Research Discussion Papers 6/1997, Bank of Finland.
- Boskin, Michael J., 1987. "Concepts and Measures of Federal Deficits and Debt and their Impact on Economic Activity," CEPR Publications 244437, Stanford University, Center for Economic Policy Research.
- Carlos Vieira, 2004. "The Deficit?Interest Rate Connection: an empirical assessment of the EU," Economics Working Papers 5_2004, University of Évora, Department of Economics (Portugal).
- Hafedh Bouakez & Nooman Rebei, 2007.
"Why does private consumption rise after a government spending shock?,"
Canadian Journal of Economics, Canadian Economics Association, vol. 40(3), pages 954-979, August.
- Hafedh Bouakez & Nooman Rebei, 2007. "Why does private consumption rise after a government spending shock?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 40(3), pages 954-979, August.
- Hafedh Bouakez & Nooman Rebei, 2003. "Why Does Private Consumption Rise After a Government Spending Shock?," Staff Working Papers 03-43, Bank of Canada.
- Nooman Rebei & Hafedh Bouakez, 2004. "Why Does Private Consumption Rise After a Government Spending Shock?," Econometric Society 2004 North American Summer Meetings 417, Econometric Society.
- Nooman Rebei & Hafedh Bouakez, 2004. "Why Does Private Consumption Rise After a Government Spending Shock?," Computing in Economics and Finance 2004 20, Society for Computational Economics.
- Malley Jim & Molana Hassan, 2002.
"Fiscal Policy And The Composition Of Private Consumption: Some Evidence From The U.A. And Canada,"
International Economic Journal, Taylor & Francis Journals, vol. 16(1), pages 139-158.
- Jim Malley & Hassan Molana, "undated". "Fiscal Policy and the Composition of Private Consumption: Some Evidence from the U.S. and Canada," EPRU Working Paper Series 99-14, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
- Jim Malley & Hassan Molana, 2000. "Fiscal Policy And The Composition Of Private Consumption: Some Evidence From The U.S. And Canada," Dundee Discussion Papers in Economics 113, Economic Studies, University of Dundee.
- Jim Malley & Hassan Molana, 1998. "Fiscal Policy and the Composition of Private Consumption: Some Evidence from the U.S. and Canada," Working Papers 9804, Business School - Economics, University of Glasgow.
- Aqdas Ali Kazmi, 1994. "Private Consumption, Government Spending, Debt Neutrality: Resolving Kormendi- Feldstein-Modigliani Controversy," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 33(4), pages 1055-1071.
- Brunila, Anne, 1996. "Fiscal policy and private consumption : Saving decisions : Evidence from Finland," Research Discussion Papers 28/1996, Bank of Finland.
- Roberto Ricciuti, 2003. "Assessing Ricardian Equivalence," Journal of Economic Surveys, Wiley Blackwell, vol. 17(1), pages 55-78, February.
- Gochoco, Maria Socorro H., 1988. "Financing the Budget Deficit in a Small Open Economy: The Case of the Philippines, 1981-1986," Working Papers WP 1988-10, Philippine Institute for Development Studies.
- Leiderman, Leonardo & Razin, Assaf, 1988.
"Testing Ricardian Neutrality with an Intertemporal Stochastic Model,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 20(1), pages 1-21, February.
- Leiderman, Leonardo & Razin, Assaf, 1987. "Testing Ricardian Neutrality with an Intertemporal Stochastic Model," Foerder Institute for Economic Research Working Papers 275425, Tel-Aviv University > Foerder Institute for Economic Research.
- Leonardo Leiderman & Assaf Razin, 1987. "Testing Ricardian Neutrality with an Intertemporal Stochastic Model," NBER Working Papers 2258, National Bureau of Economic Research, Inc.
- Fiorito, Riccardo & Kollintzas, Tryphon, 2004.
"Public goods, merit goods, and the relation between private and government consumption,"
European Economic Review, Elsevier, vol. 48(6), pages 1367-1398, December.
- Fiorito, Riccardo & Kollintzas, Tryphon, 2002. "Public Goods, Merit Goods, and the Relation Between Private and Government Consumption," CEPR Discussion Papers 3617, C.E.P.R. Discussion Papers.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:intecj:v:13:y:1999:i:1:p:45-55. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RIEJ20 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.