Crowding in or crowding out? Public and private investment in the Western Balkans (Record no. 9160)

MARC details
000 -LEADER
fixed length control field 02385nam a22003617u 4500
001 - CONTROL NUMBER
control field pwiiw7541
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20260517120214.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 260315t2026 au ||||| |||| 00| ||eng d
040 ## - CATALOGING SOURCE
Transcribing agency OSt
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
084 ## - OTHER CLASSIFICATION NUMBER
Classification number E22
-- H54
Number source jelc
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Gutzianas, Ioannis
245 10 - TITLE STATEMENT
Title Crowding in or crowding out? Public and private investment in the Western Balkans
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Wien :
Name of publisher, distributor, etc. Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw),
Date of publication, distribution, etc. 2026.
300 ## - PHYSICAL DESCRIPTION
Extent 20 S.,
Other physical details 4 Tables and 3 Figures,
Dimensions 30cm.
490 1# - SERIES STATEMENT
Series statement wiiw Policy Notes and Reports
Volume/sequential designation 104
520 ## - SUMMARY, ETC.
Summary, etc. This note examines whether public infrastructure investment crowds in private investment in the Western Balkans and how this relationship compares with the EU. Using Eurostat data for 2000-2024 and a sector-level analysis, it finds that higher public infrastructure investment is generally associated with higher private investment in the region, broadly in line with EU patterns. One sectoral difference stands out: public investment in health infrastructure generates much smaller crowding-in effects in the Western Balkans than in the EU, plausibly reflecting weaker domestic complementarity, given the limited health-related industrial base. Crowding-in effects in the region are strongest in education, followed by information and communication, while energy, water and waste, and transport show more moderate effects, and health exhibits the weakest effect. Overall, the results suggest that scaling up public infrastructure investment can mobilise private capital in the Western Balkans, with particularly high returns in education. Where fiscal space is constrained, prioritising investment towards sectors with stronger crowding-in effects can improve impact, while stronger support for domestic health-related capabilities could increase the payoff from health infrastructure spending.<br/>
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element public investment
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element private investment
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element crowding in
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element infrastructure
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Western Balkans
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name EU
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Western Balkans
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element Macroeconomic Analysis and Policy
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element Sectoral studies
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Holzner, Mario
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Jovanović, Branimir
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Volume/sequential designation 104
Bibliographic record control number WIIW0000092
Title of a work wiiw Policy Notes and Reports
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://wiiw.ac.at/p-7541.html">https://wiiw.ac.at/p-7541.html</a>
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Paper
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Shelving location Date acquired Inventory number Total Checkouts Full call number Barcode Date last seen Price effective from Koha item type
        WIIW WIIW Library 03/15/2026 pwiiw7541   104 1000010007541 03/15/2026 03/16/2026 Paper
The Vienna Instiute for International Economic Studies (wiiw)