Crowding-out and crowding-in effects of the components of government expenditure
نویسندگان
چکیده
منابع مشابه
Crowding-Out and Crowding-In Effects of the Components of Government Expenditure
We examine the effects of disaggregated government expenditure on investment using fixedand random-effect methods. Using the government budget constraint, we explore the effects of taxand debt-financed expenditure for the full sample, and for sub-samples of developed and developing countries. In general, tax-financed government expenditure crowds out more investment than debtfinanced expenditur...
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ژورنال
عنوان ژورنال: Contemporary Economic Policy
سال: 2000
ISSN: 1074-3529,1465-7287
DOI: 10.1093/cep/18.1.124