Is public expenditure productive?¶
Aschauer, D. A. (1989). Is public expenditure productive?.
Cited by¶
1 citation across 1 artifact.
Domain-specific¶
- Crowding In
- Analyzing U.S. postwar time series, Aschauer found that public infrastructure capital — highways, mass transit, water and sewer systems, "core" infrastructure — was strongly associated with higher private-sector productivity, and argued that the slowdown in public investment through the 1970s helped explain the era's private productivity slump
Supported in partVerified against the source
- Analyzing U.S. postwar time series, Aschauer found that public infrastructure capital — highways, mass transit, water and sewer systems, "core" infrastructure — was strongly associated with higher private-sector productivity, and argued that the slowdown in public investment through the 1970s helped explain the era's private productivity slump
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