Capital Spending And Economic Expansion

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Government Expenditure and Economic Growth

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Government Expenditure and Economic Growth by : International Monetary Fund

Download or read book Government Expenditure and Economic Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 1989-05-15 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the empirical evidence on the contribution that government and, in particular, capital expenditure make to the growth performance of a sample of developing countries. Using the Denison growth accounting approach, this study finds that social expenditures may have a significant impact on growth in the short run, but infrastructure expenditures may have little influence. While current expenditures for directly productive purposes may exert a positive influence, capital expenditure in these sectors appears to exert a negative influence. Experiments with other explanatory variables confirm the importance of the growth of exports to the overall growth rate.

Capital Spending and Economic Expansion

Author : Charles A. Barrett
Publisher :
ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Capital Spending and Economic Expansion by : Charles A. Barrett

Download or read book Capital Spending and Economic Expansion written by Charles A. Barrett and published by . This book was released on 1978 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this study is twofold. The first is to trace the evolution of capital spending in the Canadian economy since the beginning of the 1950s and to analyze changing savings patterns over the same time period. The second purpose is to describe results of a series of four projections of capital spending requirements in the Canadian economy over the next five years, under different assumptions regarding how the economy might return to its potential growtlh path....The results of four projections of savings and investment patterns consistent with various patterns of economic recovery suggest that moderately strong investment spending would be required if the Canadian economy were to approach conditions of full employment over the next five years.

Human Capital and Economic Growth

Author : Alberto Bucci
Publisher : Springer Nature
ISBN 13 : 3030215997
Total Pages : 384 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Human Capital and Economic Growth by : Alberto Bucci

Download or read book Human Capital and Economic Growth written by Alberto Bucci and published by Springer Nature. This book was released on 2019-11-26 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection explores the links between human capital (both in the form of health and in the form of education), demographic change, and economic growth. Using empirical as well as theoretical perspectives, the authors investigate several important issues in the context of human capital, namely population ageing, inequality, public policy, and long-term economic development. Ultimately, they demonstrate that the accumulation of human capital is of crucial importance to long-run economic growth.

What Do Governments Buy?

Author : Shantayanan Devarajan
Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis What Do Governments Buy? by : Shantayanan Devarajan

Download or read book What Do Governments Buy? written by Shantayanan Devarajan and published by . This book was released on 1993 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: The traditional views that public capital spending strengthens economic growth and current spending does not are not borne out by experience in developing countries. In fact, the only category of public spending associated with higher economic growth is current spending -- although spending on preventive care and "other education" has some positive effect.

Capital in the American Economy

Author : Simon Smith Kuznets
Publisher : Princeton University Press
ISBN 13 : 1400879728
Total Pages : 694 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Capital in the American Economy by : Simon Smith Kuznets

Download or read book Capital in the American Economy written by Simon Smith Kuznets and published by Princeton University Press. This book was released on 2015-12-08 with total page 694 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of long-term trends in capital formation and financing in the U.S., this study is organized primarily around the principal capital-using sectors of the economy: agriculture, mining and manufacturing, public utilities, non-farm residential real estate, and government. The analysis summarizes major trends in real capital formation and financing, and the factors that determined the trends. Originally published in 1961. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Government Spending, Taxes, and Economic Growth

Author : Paul Anthony Cashin
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Government Spending, Taxes, and Economic Growth by : Paul Anthony Cashin

Download or read book Government Spending, Taxes, and Economic Growth written by Paul Anthony Cashin and published by . This book was released on 2006 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops an endogenous growth model of the influence of public investment, public transfers, and distortionary taxation on the rate of economic growth. The growth-enhancing effects of investment in public capital and transfer payments are modeled, as is the growth-inhibiting influence of the levying of distortionary taxes which are used to fund such expenditure. The theoretical implications of the model are then tested with data from 23 developed countries between 1971 and 1988, and time series-cross sectional results are obtained which support the proposed influence of the public finance variables on economic growth.

Public Capital, Growth and Welfare

Author : Pierre-Richard Agénor
Publisher : Princeton University Press
ISBN 13 : 0691155801
Total Pages : 264 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Public Capital, Growth and Welfare by : Pierre-Richard Agénor

Download or read book Public Capital, Growth and Welfare written by Pierre-Richard Agénor and published by Princeton University Press. This book was released on 2013 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Laying a solid foundation of economic facts and ideas, this book provides a comprehensive look at the critical role of public capital in development.

The Task Before Us

Author : New York (State). Commission on Economic Expansion
Publisher :
ISBN 13 :
Total Pages : 84 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis The Task Before Us by : New York (State). Commission on Economic Expansion

Download or read book The Task Before Us written by New York (State). Commission on Economic Expansion and published by . This book was released on 1959 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Growth of Public Expenditure in the United Kingdom

Author : Alan T. Peacock
Publisher : Ashgate Publishing
ISBN 13 : 9780751202564
Total Pages : 213 pages
Book Rating : 4.2/5 (25 download)

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Book Synopsis The Growth of Public Expenditure in the United Kingdom by : Alan T. Peacock

Download or read book The Growth of Public Expenditure in the United Kingdom written by Alan T. Peacock and published by Ashgate Publishing. This book was released on 1993-11-01 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work examines public expenditure, explaining the size and the structure of the system of public finance. Suitable for use as a course text, it can function as a point of departure for empirical and analytical studies on the behaviour of governments.

Federal Expenditure Policy for Economic Growth and Stability

Author : United States. Congress. Joint Economic Committee
Publisher :
ISBN 13 :
Total Pages : 686 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Federal Expenditure Policy for Economic Growth and Stability by : United States. Congress. Joint Economic Committee

Download or read book Federal Expenditure Policy for Economic Growth and Stability written by United States. Congress. Joint Economic Committee and published by . This book was released on 1958 with total page 686 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Analysis and Infrastructure Investment

Author : Edward L. Glaeser
Publisher : University of Chicago Press
ISBN 13 : 022680058X
Total Pages : 479 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis Economic Analysis and Infrastructure Investment by : Edward L. Glaeser

Download or read book Economic Analysis and Infrastructure Investment written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2021-11-11 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--

Social Spending, Human Capital, and Growth in Developing Countries

Author : Emanuele Baldacci
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Social Spending, Human Capital, and Growth in Developing Countries by : Emanuele Baldacci

Download or read book Social Spending, Human Capital, and Growth in Developing Countries written by Emanuele Baldacci and published by . This book was released on 2015 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using panel data from 120 developing countries from 1975 to 2000, this paper explores the direct and indirect channels linking social spending, human capital, and growth in a system of equations. The paper finds that both education and health spending have a positive and significant direct impact on the accumulation of education and health capital, and thus canlead to higher economic growth. The paper also finds that other policy interventions, such as improving governance, reducing excessive budget deficits, and taming inflation, can also be helpful in moving countries toward the Millennium Development Goals (MDGs). As such, higher spending alone is not sufficient to achieve the MDGs.

Economic Growth and Development

Author : Sibabrata Das
Publisher : Springer Nature
ISBN 13 : 3031597281
Total Pages : 444 pages
Book Rating : 4.0/5 (315 download)

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Book Synopsis Economic Growth and Development by : Sibabrata Das

Download or read book Economic Growth and Development written by Sibabrata Das and published by Springer Nature. This book was released on with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Public Expenditure, Economic Growth and Inflation

Author : Mukesh Kumar Solanki
Publisher : Allied Publishers
ISBN 13 : 8184249764
Total Pages : 134 pages
Book Rating : 4.1/5 (842 download)

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Book Synopsis Public Expenditure, Economic Growth and Inflation by : Mukesh Kumar Solanki

Download or read book Public Expenditure, Economic Growth and Inflation written by Mukesh Kumar Solanki and published by Allied Publishers. This book was released on 2015-02-11 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book “Public Expenditure, Economic Growth and Inflation” addresses the most relevant issue of inflation in Indian economy. It makes an interesting reading as it attempts to establish the relationship among three macro-economic indicators, i.e., public expenditure, economic growth and inflation. The book gives an overview of the increasing public expenditure and its composition throughout the years after independence. Based on the secondary data the study makes a sincere effort to establish the possible relationship between public expenditure, inflation and economic growth. The book finds out that the Wagner law of increasing state activity is applicable in India both in absolute and relative terms. Economic Growth and public expenditure are positively correlated. Economic growth and inflation are inversely related. As public expenditure is motivated by maximization of social welfare, reduction in public expenditure means to sacrifice the social welfare objective.

The Knowledge Capital of Nations

Author : Eric A. Hanushek
Publisher : MIT Press
ISBN 13 : 026254895X
Total Pages : 275 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Knowledge Capital of Nations by : Eric A. Hanushek

Download or read book The Knowledge Capital of Nations written by Eric A. Hanushek and published by MIT Press. This book was released on 2023-08-15 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.

Capital, Investment, and Innovation in the Roman World

Author : Paul Erdkamp
Publisher : Oxford University Press, USA
ISBN 13 : 0198841841
Total Pages : 508 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis Capital, Investment, and Innovation in the Roman World by : Paul Erdkamp

Download or read book Capital, Investment, and Innovation in the Roman World written by Paul Erdkamp and published by Oxford University Press, USA. This book was released on 2020-02 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in capital, both physical and financial, and innovation in its uses are often considered the linchpin of modern economic growth, while credit and credit markets now seem to determine the wealth - as well as the fate - of nations. Yet was it always thus? The Roman economy was large, complex, and sophisticated, but in terms of its structural properties did it look anything like the economies we know and are familiar with today? Through consideration of the allocation and uses of capital and credit and the role of innovation in the Roman world, the individual essays comprising this volume go straight to the heart of the matter, exploring such questions as how capital in its various forms was generated, allocated, and employed in the Roman economy; whether the Romans had markets for capital goods and credit; and whether investment in capital led to innovation and productivity growth. Their authors consider multiple aspects of capital use in agriculture, water management, trade, and urban production, and of credit provision, finance, and human capital, covering different periods of Roman history and ranging geographically across Italy and elsewhere in the Roman world. Utilizing many different types of written and archaeological evidence, and employing a range of modern theoretical perspectives and methodologies, the contributors, an expert international team of historians and archaeologists, have produced the first book-length contribution to focus exclusively on (physical and financial) capital in the Roman world; a volume that is aimed not only at specialists in the field, but also at economic historians and archaeologists specializing in other periods and places.

Economic Analysis and Infrastructure Investment

Author : Edward L. Glaeser
Publisher : University of Chicago Press
ISBN 13 : 022680061X
Total Pages : 479 pages
Book Rating : 4.2/5 (268 download)

DOWNLOAD NOW!

Book Synopsis Economic Analysis and Infrastructure Investment by : Edward L. Glaeser

Download or read book Economic Analysis and Infrastructure Investment written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2021-11-11 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy makers often call for increased spending on infrastructure, which can encompass a broad range of investments, from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to the near-term macroeconomic benefits, such as job creation, associated with infrastructure spending; others point to the long-term effects of such spending on productivity and economic growth. Economic Analysis and Infrastructure Investment explores the links between infrastructure investment and economic outcomes, analyzing key economic issues in the funding and management of infrastructure projects. It includes new research on the short-run stimulus effects of infrastructure spending, develops new estimates of the stock of US infrastructure capital, and explores incentive aspects of public-private partnerships with particular attention to their allocation of risk. The volume provides a reference for researchers seeking to study infrastructure issues and for policymakers tasked with determining the appropriate level and allocation of infrastructure spending.