The effects of public spending composition on firm productivity
This paper exploits the unique institutional features of South Africa to estimate the impact of provincial public spending on firm productivity. In contrast to existing microeconomic evidence, we explore the effects of fiscal expenditures and remove the effects of revenue raising policies. Our ident...
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| Format: | Article |
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Wiley
2014
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| Online Access: | https://eprints.nottingham.ac.uk/29429/ |
| _version_ | 1848793784096129024 |
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| author | Kneller, Richard Misch, Florian |
| author_facet | Kneller, Richard Misch, Florian |
| author_sort | Kneller, Richard |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | This paper exploits the unique institutional features of South Africa to estimate the impact of provincial public spending on firm productivity. In contrast to existing microeconomic evidence, we explore the effects of fiscal expenditures and remove the effects of revenue raising policies. Our identification strategy is based on differences in the effects of public spending across firms within the same industry and province. We show that public spending composition affects productivity depending on the capital intensity of firms, with less capital intensive firms being particularly affected. These effects appear to be robust. |
| first_indexed | 2025-11-14T19:05:48Z |
| format | Article |
| id | nottingham-29429 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| last_indexed | 2025-11-14T19:05:48Z |
| publishDate | 2014 |
| publisher | Wiley |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-294292020-05-04T16:47:38Z https://eprints.nottingham.ac.uk/29429/ The effects of public spending composition on firm productivity Kneller, Richard Misch, Florian This paper exploits the unique institutional features of South Africa to estimate the impact of provincial public spending on firm productivity. In contrast to existing microeconomic evidence, we explore the effects of fiscal expenditures and remove the effects of revenue raising policies. Our identification strategy is based on differences in the effects of public spending across firms within the same industry and province. We show that public spending composition affects productivity depending on the capital intensity of firms, with less capital intensive firms being particularly affected. These effects appear to be robust. Wiley 2014-05-26 Article PeerReviewed Kneller, Richard and Misch, Florian (2014) The effects of public spending composition on firm productivity. Economic Inquiry, 52 (4). pp. 1525-1542. ISSN 1465-7295 Public Spending Composition Productive Public Spending Firm Productivity http://onlinelibrary.wiley.com/doi/10.1111/ecin.12092/full doi:10.1111/ecin.12092 doi:10.1111/ecin.12092 |
| spellingShingle | Public Spending Composition Productive Public Spending Firm Productivity Kneller, Richard Misch, Florian The effects of public spending composition on firm productivity |
| title | The effects of public spending composition on firm productivity |
| title_full | The effects of public spending composition on firm productivity |
| title_fullStr | The effects of public spending composition on firm productivity |
| title_full_unstemmed | The effects of public spending composition on firm productivity |
| title_short | The effects of public spending composition on firm productivity |
| title_sort | effects of public spending composition on firm productivity |
| topic | Public Spending Composition Productive Public Spending Firm Productivity |
| url | https://eprints.nottingham.ac.uk/29429/ https://eprints.nottingham.ac.uk/29429/ https://eprints.nottingham.ac.uk/29429/ |