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Public Capital and Economic Growth: a Spurious Empirical Link?

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Fiscal Policy in the European Union
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Abstract

Assessing the factors underlying long-run economic growth is one of the most important issues of applied macroeconomics. And whereas the role of fiscal policy is still in debate among economists, there is general agreement about the key role played by one of its spending items, namely public investment.

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Ā© 2008 GwenaĆ«lle Poilon

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Poilon, G. (2008). Public Capital and Economic Growth: a Spurious Empirical Link?. In: Ferreiro, J., Fontana, G., Serrano, F. (eds) Fiscal Policy in the European Union. Palgrave Macmillan, London. https://doi.org/10.1057/9780230228269_6

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