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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) 
Vale, S. & Marcos, S.S. (2020). Should government increase public investment? An empirical analysis of the effects of public investment on private investment in 21 OECD countries. 33rd EBES Conference – Madrid.
Exportar Referência (IEEE) 
S. D. Vale and S. S. Marcos,  "Should government increase public investment? An empirical analysis of the effects of public investment on private investment in 21 OECD countries", in 33rd EBES Conf. – Madrid, 2020
Exportar BibTeX 
@misc{vale2020_1732201571989,
	author = "Vale, S. and Marcos, S.S.",
	title = "Should government increase public investment? An empirical analysis of the effects of public investment on private investment in 21 OECD countries",
	year = "2020",
	url = "https://www.ebesweb.org/"
}
Exportar RIS 
TY  - CPAPER
TI  - Should government increase public investment? An empirical analysis of the effects of public investment on private investment in 21 OECD countries
T2  - 33rd EBES Conference – Madrid
AU  - Vale, S.
AU  - Marcos, S.S.
PY  - 2020
UR  - https://www.ebesweb.org/
AB  - The size of the public sector is often accused of suffocating the economy, however, it is also possible that it can have a boosting effect by stimulating private investment. This paper inspects the relationship between private investment and public investment in 21 OECD countries over the period comprised between 2000 and 2017. Using panel data methodologies that control for the cross-section dependence, our results suggest a positive effect of public investment on private investment, supporting the existence of crowding-in effects. Namely, a 1% increase in government investment yields a 0,18% increase in private investment. This analysis is robust to the average level of GDP growth rate, suggesting the existence of a strong complementarity between these two types of investment within these group of countries. 


ER  -