FINANCING ‘NEW’ PUBLIC INVESTMENT AND/OR MAINTENANCE IN PUBLIC CAPITAL FOR GROWTH? The Canadian Experience*

  • Pantelis Kalaitzidakisa, Sarantis Kalyvitisb
  • Published 2004

Abstract

The paper revisits the relationship between growth and public productive expenditures by investigating the growth impact of ‘new’ public investment along with maintenance expenditures in public capital. We sketch out the importance of these components of public capital expenditures for growth and we then use survey data from Canada to assess the impact of… (More)

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