Influence of Inefficiency in Government Expenditure on the Multiplier of Public Investment

The multiplier of public investment has been expected to far exceed 1, owing to the indirect influence of public spending. However, it has been reported that actual multipliers for a real economy are sometimes

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Bibliographic Details
Published in:Computational economics 2017-12, Vol.50 (4), p.549-577
Main Authors: Ogibayashi, Shigeaki, Takashima, Kosei
Format: Article
Language:English
Subjects:
Behavioral/Experimental Economics
Computer Appl. in Social and Behavioral Sciences
Derivation
Economic Theory/Quantitative Economics/Mathematical Methods
Economics
Economics and Finance
Expenditures
GDP
Government spending
Gross Domestic Product
Investment
Investments
Math Applications in Computer Science
Money
Multiplier
Operations Research/Decision Theory
Subsidies
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Description
Summary:The multiplier of public investment has been expected to far exceed 1, owing to the indirect influence of public spending. However, it has been reported that actual multipliers for a real economy are sometimes
ISSN:0927-7099
1572-9974
DOI:10.1007/s10614-017-9671-y