2020
DOI: 10.1108/ijoem-07-2019-0501
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Determinants of variation in public investment in emerging Europe

Abstract: PurposeThis paper evaluates the economic, political and institutional determinants of variation in public investment in emerging Europe.Design/methodology/approachPanel econometrics (panel-corrected standard error, generalized least squares and the two-stage least squares) methods have been applied using annual data from 2000 to 2017 for 16 countries from Central and Eastern Europe (CEE).FindingsPublic investment was procyclical in relation to output and negatively associated with the level of public debt. Aus… Show more

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Cited by 3 publications
(2 citation statements)
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“…, 2019; Adeosun et al. , 2020; Randjelovic, 2020). Adopting the multi-regional static CGE model for Poland described in section 3, several policy scenarios were chosen to estimate their impact on the performance of the three aggregated resource-heterogenous Polish regions.…”
Section: Policy Scenario Analysis Of the Simulation Resultsmentioning
confidence: 99%
See 1 more Smart Citation
“…, 2019; Adeosun et al. , 2020; Randjelovic, 2020). Adopting the multi-regional static CGE model for Poland described in section 3, several policy scenarios were chosen to estimate their impact on the performance of the three aggregated resource-heterogenous Polish regions.…”
Section: Policy Scenario Analysis Of the Simulation Resultsmentioning
confidence: 99%
“…The effects of macroeconomic and regional policy crucially depend on economic structures and the level of development (Tovar Jalles, 2017;Tassinari et al, 2019;Adeosun et al, 2020;Randjelovic, 2020). Adopting the multi-regional static CGE model for Poland described in section 3, several policy scenarios were chosen to estimate their impact on the performance of the three aggregated resource-heterogenous Polish regions.…”
Section: Policy Scenario Analysis Of the Simulation Resultsmentioning
confidence: 99%