A Replication of “Is Public Expenditure Productive?” (Journal of Monetary Economics, 1989)
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DOI: 10.1177/1091142117736606
Abstract: We replicate the results of the landmark paper by Aschauer (1989) on the impact of public capital on the US economy. We obtained data from his stated sources and followed his exact methods and are… read more here.
Keywords: productive journal; replication public; journal monetary; expenditure productive ... See more keywords