The Impact of Capital Investments in the American Recovery Act of 2009

The Impact of Capital Investments in the American Recovery Act of 2009 PDF Author: Vincent Byaruhanga
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659597565
Category :
Languages : en
Pages : 156

Get Book Here

Book Description
"The impact of capital investments in the American Recovery Act of 2009" analyzed the $48 billion awarded to the US Department of Transportation under the Recovery Act. The study addressed the questions of the contribution of capital investments to GDP growth, and to employment growth. The empirical results revealed that capital investments in the American Recovery and Reinvestment Act of 2009 contributed to the GDP growth, and to employment growth.

The Impact of Capital Investments in the American Recovery Act of 2009

The Impact of Capital Investments in the American Recovery Act of 2009 PDF Author: Vincent Byaruhanga
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659597565
Category :
Languages : en
Pages : 156

Get Book Here

Book Description
"The impact of capital investments in the American Recovery Act of 2009" analyzed the $48 billion awarded to the US Department of Transportation under the Recovery Act. The study addressed the questions of the contribution of capital investments to GDP growth, and to employment growth. The empirical results revealed that capital investments in the American Recovery and Reinvestment Act of 2009 contributed to the GDP growth, and to employment growth.

The Impact and Effectiveness of Capital Investments in the American Recovery and Reinvestment Act of 2009

The Impact and Effectiveness of Capital Investments in the American Recovery and Reinvestment Act of 2009 PDF Author: Vincent Byaruhanga
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 138

Get Book Here

Book 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. In the second part, the researcher used the Solow (1956) growth model variables on quarterly data from the same period. The regression results show that for one standard deviation increase in government spending, GDP increases by 0.955 standard deviations. The unstandardized regression results show that a one dollar increase in government spending, increases GDP by 4.886 dollars. In the third part, the research used employment growth as a dependent variable regressed on ARRA jobs that were created and retained by government spending on capital investments specified by the Recovery Act. The results show that the regression coefficient for ARRA jobs was 2.742, which indicates that an increase in government spending on capital investments contributed 2.742 percentage points to employment growth. This was a significant contribution to employment growth.

Economic Impact of the American Recovery and Reinvestment Act Of 2009

Economic Impact of the American Recovery and Reinvestment Act Of 2009 PDF Author: Christina Romer
Publisher: DIANE Publishing
ISBN: 1437936180
Category : Business & Economics
Languages : en
Pages : 56

Get Book Here

Book Description
This is a print on demand edition of a hard to find publication. As part of the unprecedented accountability and transparency provisions included in the American Recovery and Reinvestment Act of 2009, the Council of Economic Advisers is charged with providing to Congress quarterly reports on the effects of the Recovery Act on overall economic activity, and on employment in particular. This 4th report provides an assessment of the effects of the Act through the second quarter of 2010. Contents: Intro.; The Progress of Spending and Tax Reductions under the Recovery Act; Evidence of the Economic Impact of the Recovery Act; The Public Investment Provisions of the Recovery Act; Provisions of the Recovery Act That Leverage Other Spending; Conclusion; Appendix: Estimated Employment Effects by State.

Estimated Macroeconomic Impacts of the American Recovery and Reinvestment Act Of 2009

Estimated Macroeconomic Impacts of the American Recovery and Reinvestment Act Of 2009 PDF Author: Douglas W. Elmendorf
Publisher: DIANE Publishing
ISBN: 1437913873
Category : Business & Economics
Languages : en
Pages : 13

Get Book Here

Book Description
Here is a year-by-year estimate of the economic effects of the American Recovery and Reinvestment Act of 2009 (ARRA, Public Law 111-5), which was enacted on February 17, 2009. Taking all of the short- and long-run effects into account, the legislation implies an increase in GDP relative to a baseline forecast of between 1.4 percent and 3.8 percent by the fourth quarter of 2009, between 1.1 percent and 3.4 percent by the fourth quarter of 2010, between 0.4 percent and 1.2 percent by the fourth quarter of 2011, and declining amounts in later years. Beyond 2015, the legislation is estimated to reduce GDP by between zero and 0.2 percent. Tables and graphs.

Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output as of September 2009

Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output as of September 2009 PDF Author:
Publisher: DIANE Publishing
ISBN: 1437926509
Category : Business & Economics
Languages : en
Pages : 20

Get Book Here

Book Description
The Amer. Recovery and Reinvest. Act of 2009 (ARRA) contains a variety of provisions intended to boost economic activity and employment. This report comments on the reports filed by certain recipients of funding under ARRA that detail how many jobs were created or retained from ARRA. It also provides estimates of ARRA¿s overall impact on employment and economic output in the 3rd qtr. of 2009. Those estimates are based on evidence from similar policies enacted in the past and various economic models. Contents: (1) Measuring ARRA¿s Impact Using Recipients¿ Reports, and Economic Models and Historical Data: A Modeling Approach; (2) Updated Estimates of the Impact of ARRA; (3) Evidence on the Economic Effects of Fiscal Stimulus. Illus.

Economic Policy Crisis and the Stimulus

Economic Policy Crisis and the Stimulus PDF Author: Jane G. Gravelle
Publisher: TheCapitol.Net Inc
ISBN: 1587332167
Category :
Languages : en
Pages : 122

Get Book Here

Book Description
"The American Recovery and Reinvestment Act (ARRA) of 2009, HR 1 in the 111th Congress, will assist in supplemental appropriations for job preservation and creation, give financial help to the unemployed, and will provide State and local fiscal stabilization, for fiscal year ending September 30, 2009, and for other purposes." The purposes of The American Recovery and Reinvestment Act (ARRA) of 2009 include the following: (1) To preserve and create jobs and promote economic recovery. (2) To assist those most impacted by the recession. (3) To provide investments needed to increase economic efficiency by spurring technological advances in science and health. (4) To invest in transportation, environmental protection, and other infrastructure that will provide long-term economic benefits. (5) To stabilize State and local government budgets, in order to minimize and avoid reductions in essential services and counterproductive state and local tax increases. http://www.thecapitol.net/Publications/GovernmentSeries/1497_EconomicPolicyCrisisandtheStimulus.html

The American Recovery and Reinvestment Act of 2009

The American Recovery and Reinvestment Act of 2009 PDF Author: United States. Congress. House. Committee on Appropriations
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 176

Get Book Here

Book Description


The Global Financial Crisis

The Global Financial Crisis PDF Author: Dick K. Nanto
Publisher: DIANE Publishing
ISBN: 1437919847
Category : Business & Economics
Languages : en
Pages : 127

Get Book Here

Book Description
Contents: (1) Recent Developments and Analysis; (2) The Global Financial Crisis and U.S. Interests: Policy; Four Phases of the Global Financial Crisis; (3) New Challenges and Policy in Managing Financial Risk; (4) Origins, Contagion, and Risk; (5) Effects on Emerging Markets: Latin America; Russia and the Financial Crisis; (6) Effects on Europe and The European Response: The ¿European Framework for Action¿; The British Rescue Plan; Collapse of Iceland¿s Banking Sector; (7) Impact on Asia and the Asian Response: Asian Reserves and Their Impact; National Responses; (8) International Policy Issues: Bretton Woods II; G-20 Meetings; The International Monetary Fund; Changes in U.S. Reg¿s. and Regulatory Structure; (9) Legislation.

Stimulus: American Recovery and Reinvestment Act of 2009: PL 111-5

Stimulus: American Recovery and Reinvestment Act of 2009: PL 111-5 PDF Author: Federal Government
Publisher: Government Institutes
ISBN: 1605906662
Category : Business & Economics
Languages : en
Pages : 409

Get Book Here

Book Description
The American Recovery and Reinvestment Act of 2009—better known as the Stimulus Act—leaves no business, no American untouched. Signed into law on February 17, 2009, by President Barack Obama, The American Recovery and Reinvestment Act (ARRA) was established to address the current economic crisis facing the United States. The provisions of the Act call for investments in infrastructure, health care, education, the environment, energy, housing and other needed services. This set includes one volume containing the complete and official text of the Act and a separate volume full of essential documents related to the creation of, response to, and signing of the Act, including: * The President's American Recovery and Reinvestment Plan * Establishment of the President's Economic Recovery Advisory Board * Economic Stimulus: Issues and Policies (Congressional Research Service Report) * Financial Stimulus Plans: Recent Developments in Selected Countries * Budgetary Impact of the American Recovery and Reinvestment Act of 2009 * Macroeconomic Impact of the American Recovery and Reinvestment Act of 2009 * White House Statements on ARRA regarding Working Families, State by State Jobs, Congressional District Jobs, Education, Energy, Health Care, and Infrastructure * Accountability Measures: Bill Language, American Recovery and Reinvestment Act * Ensuring Responsible Spending of Recovery Act Funds (Presidential Memorandum) * Interim Guidance Regarding Communications with Registered Lobbyists about Recovery Act Funds (Memorandum from the Director, Office of Management and Budget)

The Project Finance Law Review

The Project Finance Law Review PDF Author: David F. Asmus
Publisher:
ISBN: 9781838624910
Category : Project finance
Languages : en
Pages : 181

Get Book Here

Book Description