On the Effects of Public Investment on Private Investment: What Crowds in What?

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On the economic effects of public infrastructure investment: A survey of the international evidence (2013, background): “…reverse causality by estimating a four-variable VAR model with output, labor, private capital and public capital or public investment (Batina, 1997; Cullison, 1993; Crowder and Himarios, 1997; Lau and Sin, 1997; McMillin and Smyth, 1994; Pereira and Flores, 1999; and Pereira, 2000, 2001a, 2001b).”
The Dynamic Effects of Public Capital: VAR Evidence for 22 OECD Countries (2005, unknown): “64 Note that the two studies that come closest to ours in scope, Mittnik and Neumann (2001) and Pereira (2001b), both use public investment as model variable whereas we use public capital.”
Public Capital and Growth (2010, background): “…output Pereira (2000) US 1956-97 (A) Public investment VAR, first differences log levels Positive effect through crowding in of private investment Pereira (2001) US 1956-97 (A) Public investment VAR, first differences log levels All types of public investment are productive, but ‘core…”