Investigating Crowding-Out Effect Of Government Expenditures: Evidence From Turkey

Crowding out Effect of Foreign Aid in Selected Developing Countries: Panel Data Evidence

The Effectiveness of Government Expenditures during Crisis: Evidence from Regional Government Spending in Japan 1990-2000

We use a rich dataset of regional government expenditures for Japan during the 1990-2000 period to estimate from within-prefecture variation the multiplier of government investment and government consumption expenditures. Our main finding is that government spending did not have multipliers effects that are on average larger than one. Government investment had a positive and significant effect ...

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...

Crowding Out or Crowding In? Economic Consequences of Financing Government Deficits

THE BUDGET DEFICIT of the federal government has emerged as a central focus in American public policy debate, attracting anxious attention from a variety of constituencies. The left now raises the specter of enlarged deficits in opposition to the increasingly audible calls for tax reduction, while the right continues to cite the same threat against new government spending initiatives. In either...

crowding out effect of foreign aid in selected developing countries: panel data evidence