THE EXTERNALITY EFFECT OF GOVERNMENT EXPENDITURE ON INVESTMENT IN OECD COUNTRIES

被引：53

作者：

BAIRAM, E ^{[1
]}

WARD, B ^{[1
]}

机构：

[1] LINCOLN UNIV,DEPT ECON & MKT,CHRISTCHURCH,NEW ZEALAND

来源：

APPLIED ECONOMICS | 1993年 / 25卷 / 06期

关键词：

D O I：

10.1080/00036849300000123

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A new framework is provided to measure the impact of an increase. in government expenditure on private investment. For this purpose a framework based on the Box-Cox transformation is introduced and tested using annual time-series data, 1950-88, from 25 OECD countries. The results obtained support the 'accelerator principle' conclusively and the 'crowding out' hypotheses.

引用

页码：711 / 716

页数：6

共 17 条

[1] GOVERNMENT SIZE AND ECONOMIC-GROWTH - THE AFRICAN EXPERIENCE, 1960-85 [J].