Physical Capital Adjustment within Spain : Long-Run and Short-Run Analysis

Long-Run and Short-Run Analysis

Physical Capital Adjustment within Spain : Long-Run and Short-Run Analysis
This paper considers the adjustment of physical capital within a country in the long run and in the short run. It uses a unique data set on income, labor, human capital, and private and public physical capital in the Spanish regions over the past two decades. In the long run, the movement of physical capital is consistent with its estimated... READ MORE...

Publication date: February 2001
ISBN 9781451843538
$15.00

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