Romain Restout, Senior Lecturer at the University of Lorraine and researcher at BETA, and Olivier Cardi Senior Lecturer at Lancaster University Management School (UK), explain their research results in two articles:
- An increase in public spending leads to a sharp rise in productivity gains for businesses, published in Le Monde on 24 October 2023:
https://www.lemonde.fr/idees/article/2023/10/24/une-augmentation-des-depenses-publiques-conduit-a-une-forte-hausse-des-gains-de-productivite-des-entreprises_6196255_3232.html - Efficiency of public spending: how productivity gains can boost the multiplier effect, article published on the AFSE blog on 23 October 2023:
https://www.blog-afse.fr/billet/efficacite-de-la-depense-publique-comment-les-gains-de-productivite-permettent-de-doper
Link to the scientific article:
Cardi, O., and R. Restout (2023). Sectoral Fiscal Multipliers and Technology in Open Economy, Journal of International Economics, vol. 144. https://doi.org/10.1016/j.jinteco.2023.103789