|
EconStor >
Bard College, Annandale-on-Hudson (NY) >
Levy Economics Institute of Bard College >
Public Policy Briefs, Levy Economics Institute of Bard College >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/54340
|
| | |
| Title: | | Linking public capital to economic performance - Public capital: The missing link between investment and economic growth  |
| Authors: | | Erenburg, Sharon J. |
| Issue Date: | | 1994 |
| Series/Report no.: | | Public policy brief // Jerome Levy Economics Institute of Bard College 14 |
| Abstract: | | Following up on findings by J. Bradford DeLong and Lawrence Summers that a robust statistical relationship exists between productivity and private sector investment in plant and equipment, the author explores whether there is also a connection between economic growth and public spending. She argues that public investment in infrastructure stimulates private sector investment in plant and equipment. By providing empirical proof that public and private investment are complements in production, Erenburg supplies the missing link that explicitly ties public infrastructure to economic growth. |
| ISBN: | | 0941276023 |
| Document Type: | | Research Report |
| Appears in Collections: | | Public Policy Briefs, Levy Economics Institute of Bard College
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/54340
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|