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 PDF Logo
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

Files in This Item:
File Description SizeFormat
678421714.pdf271.37 kBAdobe PDF
No. of Downloads: Counter Stats
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.