Federal government budget deficits and the crowding out of private investment in the United States: evidence for the 1990s
By: Cebula, Richard et al.
Material type:
ArticlePublisher: 2004Description: p.587-95.Subject(s): Investment | Budget
In:
Indian Journal of EconomicsSummary: This study investigates whether federal government budget deficits in the U.S. over the 1990-1999 period acted to crowd out private investment in new plant and equipment. Using quarterly data, empirical estimation clearly indicates that private investment was in fact negatively impacted by the budget deficit. - Reproduced.
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | Volume no: 84, Issue no: 335 | Available | AR70593 |
This study investigates whether federal government budget deficits in the U.S. over the 1990-1999 period acted to crowd out private investment in new plant and equipment. Using quarterly data, empirical estimation clearly indicates that private investment was in fact negatively impacted by the budget deficit. - Reproduced.
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