The effect of public investment in Europe: a model-based assessment
"We consider the effect of an increase in public investments on output in Europe against the background of a sharp drop of public investments in a number of EU countries during the crisis and subsequent policy discussions on the need to stimulate public investments. We start with a brief overvi...
| Main Authors: | , , , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Frankfurt am Main
2017
ECB |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-754912457219-The-effect-of-public-investmen.htm |
| _version_ | 1771659902807179264 |
|---|---|
| author | de Jong, Jasper Ferdinandusse, Marien Funda, Josip Vetlov, Igor |
| author_facet | de Jong, Jasper Ferdinandusse, Marien Funda, Josip Vetlov, Igor |
| collection | Library items |
| description | "We consider the effect of an increase in public investments on output in Europe against the background of a sharp drop of public investments in a number of EU countries during the crisis and subsequent policy discussions on the need to stimulate public investments. We start with a brief overview of recent developments in public investments, including some methodological issues, and provide a literature overview of the effect of public investments on growth. On the basis of updated estimates of the public capital stock, we estimate the output response to a public capital impulse, using VAR models. In addition, using a structural model, we investigate the sensitivity of the macroeconomic impact of an increase in public investments to alternative assumptions about economic structures and policy implementations." |
| format | TEXT |
| id | 754912457219_c74c65e3af5c424ca4e5414a1739cec5 |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 754912457219_c74c65e3af5c424ca4e5414a1739cec5 |
| is_hierarchy_title | The effect of public investment in Europe: a model-based assessment |
| language | English |
| physical | 45 p. Digital |
| publishDate | 2017 |
| publisher | Frankfurt am Main ECB |
| spellingShingle | de Jong, Jasper Ferdinandusse, Marien Funda, Josip Vetlov, Igor economic growth fiscal policy public investment The effect of public investment in Europe: a model-based assessment |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=105347992352 |
| title | The effect of public investment in Europe: a model-based assessment |
| topic | economic growth fiscal policy public investment |
| url | https://www.labourline.org/KENTIKA-754912457219-The-effect-of-public-investmen.htm |