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dc.contributor.authorOlejnik, Łukasz
dc.identifier.citationOlejnik Ł., Flowers vs garbage trucks: which type of local government investment has the greatest impact on economic growth, SGH KAE Working Papers Series, 2023, nr 2023/084, s. 1-17en
dc.description.abstractRecently, there has been a rise in research focused on determining the magnitude of the fiscal multiplier. One aspect of this research involves estimating the fiscal multiplier of specific components of government revenues and expenditures and different sub-sectors within the general government sector. The article showcases the results of an analysis that calculates the fiscal multipliers of local government total investments and investments broken down into 10 different categories of investment expenditures, for 73 NUTS-3 sub-regions in Poland over the period from 2007 to 2021. The findings suggest that in the 1-2 years following the initial shock, the accumulated fiscal multipliers of investment expenditures are either insignificant or are significant but less than 1. Contrarily, during the 3-5 year period, the accumulated fiscal multipliers of total investment expenditures and expenditures on road construction show a significant increase, surpassing 1.5. Meanwhile, the fiscal multiplier of investments funded by EU structural funds can reach as high as 3.0.en
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dc.subjectfiscal multiplieren
dc.subjectlocal government investmenten
dc.subjectfiscal multiplier of disaggregated investment expenditureen
dc.subjectlocal projectionsen
dc.titleFlowers vs garbage trucks: which type of local government investment has the greatest impact on economic growthpl
dc.description.seriesSGH KAE Working Papers Seriesen

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