Public Capital and Output Growth in Portugal : An Empirical Analysis

An Empirical Analysis

Public Capital and Output Growth in Portugal : An Empirical Analysis
The paper investigates the growth effects of public capital in Portugal using annual data for the period 1965-95. Both a production function and a vector autoregressive model are estimated. Public capital is shown to be a significant long-term determinant of output growth. The size of the estimated production elasticity indicates, in line with... READ MORE...

Publication date: January 2000
ISBN 9781451842777
$15.00

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