Public Investment as a Fiscal Stimulus : Evidence from Japan's Regional Spending During the 1990s /
How effective was public investment in stimulating the Japanese economy during the economic stagnation of the 1990s? Using a dataset of regional public investment spending, we find that investment multipliers were higher than for public consumption, although they were relatively low and declining ov...
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Altres autors: | |
Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
2010.
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Col·lecció: | IMF Working Papers; Working Paper ;
No. 2010/110 |
Accés en línia: | Full text available on IMF |