PL EN


2007 | 54 | 1 | 29-48
Article title

Government investment in a small open economy

Authors
Title variants
Languages of publication
HU
Abstracts
EN
The article examines the effect of government investment on a small open economy. It explores government capital expenditures on the kind of infrastructural developments that not only increase the country's output directly, but provide positive externals for private-sector production. The authors examine what long and short-term effects ambitious state developments have, depending on the outside transfers and the credit sources available. It is concluded that although the model in its present, strongly stylized form is only a numerical example (so that the numerical conclusions to be drawn from it are very limited in validity), the lessons presented here are interesting and may contribute new criteria to the lively Hungarian debates on the likely effects of state development spending and Union transfers.
Year
Volume
54
Issue
1
Pages
29-48
Physical description
Document type
ARTICLE
Contributors
author
author
  • K. Major, no address given, contact the journal editor
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
07HUAAAA02996151
YADDA identifier
bwmeta1.element.11e50347-d3f6-3bec-8431-f1107e39591f
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