Series: IMF Working Papers
Author(s): Serkan Arslanalp , Fabian Bornhorst , Sanjeev Gupta , and Elsa Sze
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2010
Keywords: public capital, capital stock, private capital, investment rate, private investment, Economic Growth and Aggregate Productivity: General, Comparative Studies of Countries,
This paper estimates the impact of public capital on economic growth for forty-eight OECD and non-OECD countries during 1960 - 2001. Using the production function and its extensions, it finds a positive - but conca...