Series: IMF Working Papers
Author(s): Rudolfs Bems
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2008
Keywords: tradable and nontradable goods, expenditure, expenditures, investment expenditures, input-output, expenditure share,
This paper shows that aggregate investment expenditure shares on tradable and nontradable goods are very similar across countries and regions. Furthermore, the two expenditure shares have remained close to constant...