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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Materialtyp: | Tidskrift |
Språk: | English |
Publicerad: |
Washington, D.C. :
International Monetary Fund,
2010.
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Serie: | IMF Working Papers; Working Paper ;
No. 2010/110 |
Länkar: | Full text available on IMF |