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Effectiveness of financing tangible public investments
Journal: Economics Bulletin of The National Mining University (Vol.40, No. 40)Publication Date: 2012-12-25
Authors : Noga B.;
Page : 41-47
Keywords : costs-benefits analysis; taxonomic methods; effectiveness of financing investments;
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Abstract
The attention in the article was drawn to two facts: tangible public investments are made only when the public sector has a comparative advantage in this respect over the private sector; tangible public investments made by the public sector may cause a crowding out effect on investments in the private sector which may decrease economic expansion and the growth of GDP.
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