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Public Capital Expenditure in Oecd Countries: The Causes and Impact of the Decline in Public Capital Spending

Jan‐Egbert Sturm

Abstract

Part 1 Development: public capital spending in the Netherlands public capital spending in the OECD. Part 2 Impact: modelling public capital spending and growth productivity effects of public capital sectoral cost elasticities of public infrastructure output effects of infrastructure investment conclusions. Appendices: stationarity.

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Key concepts: Public capital, Public spending, Capital expenditure, Economics, Public expenditure, Productivity, Capital deepening, Capital (architecture)