We use cookies to ensure that we give you the best experience on our website. By continuing to browse this repository, you give consent for essential cookies to be used. You can read more about our Privacy and Cookie Policy.

Durham Research Online
You are in:

Crowding-out and crowding-in effects of the components of government expenditure.

Ahmed, Habib and Miller, Stephen M. (2000) 'Crowding-out and crowding-in effects of the components of government expenditure.', Contemporary economic policy., 18 (1). 124-133 .


This article examines the effects of disaggregated government expenditure on investment using fixed- and random-effect methods. Using the government budget constraint, the analysis explores the effects of tax- and debt-financed expenditure for the full sample, and for subsamples of developed and developing countries. In general, tax-financed government expenditure crowds out more investment than debt-financed expenditure. Expenditure on social security and welfare reduces investment in all samples while expenditure on transport and communication induces private investment in developing countries.

Item Type:Article
Full text:Full text not available from this repository.
Publisher Web site:
Date accepted:No date available
Date deposited:No date available
Date of first online publication:January 2000
Date first made open access:No date available

Save or Share this output

Look up in GoogleScholar