The last three decades have witnessed a great deal of research effort devoted to measuring
the private output elasticity of public capital. The wide range of available estimates have …

During the 1970s and 1980s many OECD countries have offset increases in debt interest
payments and rising social security transfers by winding back public investment. Figure 14.1 …

This article provides an overview of both theoretical and empirical literature on the link
between public investment (capital) and economic growth (national income). We first survey …

Purpose: To present a comprehensive discussion of the empirical research on the impact of
public investment in infrastructure on economic performance in terms of the methodological …

This paper provides an overview of both theoretical and empirical literature on the link
between public investment (capital) and economic growth (national income). We first survey …

In a one-sector growth model with infrastructure investment, we study the impact of fiscal
policies on growth. The government collects taxes on labor income and profits. The …

Public Capital Expenditure in OECD Countries IDEAS home Advanced search Economic
literature: papers, articles, software, chapters, books. Authors Institutions Rankings Help/FAQ …

This study investigates the relationship between infrastructure investment and economic
growth at the aggregate and sectoral levels, namely, the industrial, agriculture, and services …

The paper analyzes the contribution of public capital to private output using several meta-
analytical techniques. Both fixed and random effects models are estimated by Weighted …

This paper develops a quantitative theoretical model for the optimal provision of public
capital. We show that the ratio of public to private capital in the US economy since 1925 …