Public Expenditure on Capital Formation and Private Sector Productivity Growth: Evidence From Lithuania and the Euro Area
This paper explores a relationship between government expenditure on fixed capital formation and private sector productivity in Lithuania and Euro area economies. The extent to which variations of productivity in private Lithuanian economy can be explained by the flow of government expenditure on gr...
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Format: | Article |
Language: | English |
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Vilnius University Press
2012-05-01
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Series: | Organizations and Markets in Emerging Economies |
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Online Access: | https://www.journals.vu.lt/omee/article/view/14273 |