Can Government Demand Stimulate Private Investment? : Evidence from U.S. Federal Procurement /

We study the effects of federal purchases on firms' investment using a novel panel dataset that combines federal procurement contracts in the United States with key financial firm-level information. We find that 1 dollar of federal spending increases firms' capital investment by 7 to 11 ce...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Hebous, Shafik
مؤلفون آخرون: Zimmermann, Tom
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2016.
سلاسل:IMF Working Papers; Working Paper ; No. 2016/060
الوصول للمادة أونلاين:Full text available on IMF