Series: IMF Working Papers
Author(s): Jenny Ligthart
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2000
Keywords: cointegration, granger causality, infrastructure, capital stock, private capital, equation, statistics
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...