haku: @indexterm public sector / yhteensä: 749
viite: 363 / 749
| Tekijä: | Dalamagas, B. |
| Otsikko: | A reconsideration of the public sector's contribution to growth |
| Lehti: | Empirical Economics
1995 : VOL. 20:3, p. 385-414 |
| Asiasana: | GROWTH PUBLIC SECTOR DEVELOPMENT |
| Kieli: | eng |
| Tiivistelmä: | A recent development in macroeconomic theory suggests that public investment per se is relevant to economic growth, without regard to the means of financing government activity. This study undertakes an empirical investigation of this proposition, comparing two superiods of the manufacturing sector's performance in Greece. The test results support the conventional view that the size of public capital formation and the real intertemporal allocation of public sector may be important for determining manufacturing costs and profits but public deficits are likely to be of comparable or even dominating importance in determining manufacturing output. |
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