The impact and effectiveness of capital investments in the American Recovery and Reinvestment Act of 2009: an assessment using Keynes economic theory

File
Publisher
Florida Atlantic University
Date Issued
2014
EDTF Date Created
2014
Description
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.
Note

Includes bibliography.

Language
Type
Extent
150 p.
Identifier
FA00004183
Additional Information
Includes bibliography.
Dissertation (Ph.D.)--Florida Atlantic University, 2014.
FAU Electronic Theses and Dissertations Collection
Date Backup
2014
Date Created Backup
2014
Date Text
2014
Date Created (EDTF)
2014
Date Issued (EDTF)
2014
Extension


FAU

IID
FA00004183
Organizations
Person Preferred Name

Byaruhanga, Vincent

author

Graduate College
Physical Description

application/pdf
150 p.
Title Plain
The impact and effectiveness of capital investments in the American Recovery and Reinvestment Act of 2009: an assessment using Keynes economic theory
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.
http://rightsstatements.org/vocab/InC/1.0/
Origin Information

2014
2014
Florida Atlantic University

Boca Raton, Fla.

Physical Location
Florida Atlantic University Libraries
Place

Boca Raton, Fla.
Sub Location
Digital Library
Title
The impact and effectiveness of capital investments in the American Recovery and Reinvestment Act of 2009: an assessment using Keynes economic theory
Other Title Info

The impact and effectiveness of capital investments in the American Recovery and Reinvestment Act of 2009: an assessment using Keynes economic theory