2008 | OriginalPaper | Buchkapitel
Public Capital and Economic Growth: a Spurious Empirical Link?
verfasst von : Gwenaëlle Poilon
Erschienen in: Fiscal Policy in the European Union
Verlag: Palgrave Macmillan UK
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Assessing the factors underlying long-run economic growth is one of the most important issues of applied macroeconomics. And whereas the role of fiscal policy is still in debate among economists, there is general agreement about the key role played by one of its spending items, namely public investment.