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The impact and effectiveness of capital investments in the American Recovery and Reinvestment Act of 2009: an assessment using Keynes economic theory
| Title: | The impact and effectiveness of capital investments in the American Recovery and Reinvestment Act of 2009: an assessment using Keynes economic theory. |
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| Name(s): |
Byaruhanga, Vincent, author Thai, Khi V., Thesis advisor Florida Atlantic University, Degree grantor College for Design and Social Inquiry School of Public Administration |
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| Type of Resource: | text | |
| Genre: | Electronic Thesis Or Dissertation | |
| Date Created: | 2014 | |
| Date Issued: | 2014 | |
| Publisher: | Florida Atlantic University | |
| Place of Publication: | Boca Raton, Fla. | |
| Physical Form: | application/pdf | |
| Extent: | 150 p. | |
| Language(s): | English | |
| Summary: | The purpose of this study is to find out the effect of government spending on capital investments in the American Recovery and Reinvestment Act (ARRA) of 2009 on GDP and employment growth. This research utilized US quarterly data from 2003 QI to 2013 QII. In the first part the research used variables from the Keynes economic model and utilized two-stage least square analysis to assess the effect of government spending on GDP. The results from the regression analysis indicate that an increase of one dollar in government spending increases GDP by 1.569 dollars. The researcher found that the general government spending multiplier was 1.9. The coefficient for government spending in the Recovery Act was 0.383, implying that for every one dollar in government spending, Recovery Act spending on capital investments contributed 0.383 dollars. | |
| Identifier: | FA00004183 (IID) | |
| Degree granted: | Dissertation (Ph.D.)--Florida Atlantic University, 2014. | |
| Collection: | FAU Electronic Theses and Dissertations Collection | |
| Note(s): | Includes bibliography. | |
| Subject(s): |
Business cycles -- United States -- History -- 21st century Investment analysis Keynes, John Maynard -- 1883-1946 Keynesian economics -- Mathematical models Solow growth model Solow, Robert M. United States -- American Recovery and Reinvestment Act of 2009 |
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| Held by: | Florida Atlantic University Libraries | |
| Sublocation: | Digital Library | |
| Links: | http://purl.flvc.org/fau/fd/FA00004183 | |
| Persistent Link to This Record: | http://purl.flvc.org/fau/fd/FA00004183 | |
| Use and Reproduction: | Copyright © is held by the author, with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder. | |
| Use and Reproduction: | http://rightsstatements.org/vocab/InC/1.0/ | |
| Host Institution: | FAU | |
| Is Part of Series: | Florida Atlantic University Digital Library Collections. |
