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Public Infrastructure Spillovers and Growth: Theory and Time Series Evidence for Australia

Author

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  • Kam, T.C.Y.

Abstract

In this paper, growth of per capita income can be exogenous and/or endogenous due to aggregate public infrastructure spillover. The deterministic Glomm and Ravikumar (1994) model is augmented in this paper to produce a stochastic growth counterpart which has useful time series implications.

Suggested Citation

  • Kam, T.C.Y., 2001. "Public Infrastructure Spillovers and Growth: Theory and Time Series Evidence for Australia," Department of Economics - Working Papers Series 811, The University of Melbourne.
    • Handle: RePEc:mlb:wpaper:811
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    File URL: http://www.economics.unimelb.edu.au/downloads/wpapers-00-01/811.pdf
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    Cited by:

    1. Amani Elnasri, 2014. "Transport Infrastructure Investment and Interindustry Spillovers: The Effects on the Cost Structure of Australian Industries," Discussion Papers 2014-24, School of Economics, The University of New South Wales.
    2. M. McKenzie, 2008. "Privatization and economic growth in Australia: the shorthand of a long process," Applied Economics, Taylor & Francis Journals, vol. 40(15), pages 1953-1967.

    More about this item

    Keywords

    INCOME ; TIME SERIES ; CAPITAL;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

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