Exportar Publicação

A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA) 
Pereira, A. M. & Pinho, M. de F. (2008). Public investment and budgetary consolidation in Portugal. Portuguese Economic Journal. 7 (3), 183-203
Exportar Referência (IEEE) 
A. M. Pereira and M. D. Pinho,  "Public investment and budgetary consolidation in Portugal", in Portuguese Economic Journal, vol. 7, no. 3, pp. 183-203, 2008
Exportar BibTeX 
@article{pereira2008_1714867031805,
	author = "Pereira, A. M. and Pinho, M. de F.",
	title = "Public investment and budgetary consolidation in Portugal",
	journal = "Portuguese Economic Journal",
	year = "2008",
	volume = "7",
	number = "3",
	doi = "10.1007/s10258-008-0032-6",
	pages = "183-203",
	url = "https://link.springer.com/article/10.1007%2Fs10258-008-0032-6"
}
Exportar RIS 
TY  - JOUR
TI  - Public investment and budgetary consolidation in Portugal
T2  - Portuguese Economic Journal
VL  - 7
IS  - 3
AU  - Pereira, A. M.
AU  - Pinho, M. de F.
PY  - 2008
SP  - 183-203
SN  - 1617-982X
DO  - 10.1007/s10258-008-0032-6
UR  - https://link.springer.com/article/10.1007%2Fs10258-008-0032-6
AB  - In this paper we find that public investment in durable goods has a positive effect on long-term economic performance in Portugal. We also find that these positive effects are not strong enough for public investment to pay for itself in the form of future tax revenues. Therefore, cuts in public investment in durable goods, although costly in terms of long-term economic performance seem to be an effective way of alleviating pressure on the public budget. It is important to note, however, that this general result contrasts sharply with the evidence found in this paper for public investment in equipment, a small component of public investment in durable goods, as well as with evidence elsewhere for public investment in transportation infrastructures. For these, the effects on output are strong enough for public investment to pay for itself. Therefore, cuts in these two types of public investment, would have negative long-term economic effects as well as negative long-term budgetary effects. Clearly, not all public investment is created equal.
ER  -