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Is government capital productive? Evidence from a panel of seven countries

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Cited by:

  1. Jorge Blázquez & José M. Martín-Moreno, 2002. "Capital privado y competencia internacional: la armonización fiscal nunca es suficiente," Investigaciones Economicas, Fundación SEPI, vol. 26(2), pages 359-372, May.
  2. Sefa Awaworyi Churchill & Mehmet Ugur & Siew Ling Yew, 2017. "Does Government Size Affect Per-Capita Income Growth? A Hierarchical Meta-Regression Analysis," The Economic Record, The Economic Society of Australia, vol. 93(300), pages 142-171, March.
  3. Sallahuddin Hassan & Zalila Othman & Mohd Zaini Abd Karim, 2011. "Private and Public Investment in Malaysia: A Panel Time-Series Analysis," International Journal of Economics and Financial Issues, Econjournals, vol. 1(4), pages 199-210.
  4. Emmanuel Constantine Mamatzakis, 2008. "Economic Performance And Public Infrastructure: An Application To Greek Manufacturing," Bulletin of Economic Research, Wiley Blackwell, vol. 60(3), pages 307-326, July.
  5. Gilbert COLLETAZ & Christophe HURLIN, 2006. "Threshold Effects of the Public Capital Productivity : An International Panel Smooth Transition Approach," LEO Working Papers / DR LEO 1669, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
  6. Hazwan Haini & Pang Wei Loon, 2021. "Does Government Ideology Affect the Relationship Between Government Spending and Economic Growth?," Economic Papers, The Economic Society of Australia, vol. 40(3), pages 209-216, September.
  7. Jérôme Creel & Paola Veroni & Francesco Saraceno, 2007. "Has the Golden Rule of Public Finance Made a difference in the UK," SciencePo Working papers Main hal-00972843, HAL.
  8. Teh, Benny Cheng Guan & Ngu, Ik Tien, 2016. "Perceptions and Practice of Human Security in Malaysia," Working Papers 134, JICA Research Institute.
  9. Young, Andrew T. & Higgins, Matthew J. & Levy, Daniel, 2013. "Heterogeneous Convergence," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 120(2), pages 238-241.
  10. Davide Furceri, 2009. "Fiscal Convergence, Business Cycle Volatility, and Growth," Review of International Economics, Wiley Blackwell, vol. 17(3), pages 615-630, August.
  11. repec:hal:wpspec:info:hdl:2441/2500 is not listed on IDEAS
  12. Bertrand Candelon & Gilbert Colletaz & Christophe Hurlin, 2013. "Network Effects and Infrastructure Productivity in Developing Countries," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 75(6), pages 887-913, December.
  13. Ghosh, Sugata & Mourmouras, Iannis A., 2004. "Endogenous growth, welfare and budgetary regimes," Journal of Macroeconomics, Elsevier, vol. 26(4), pages 623-635, December.
  14. Dimitrios N. KOUMPAROULIS, 2010. "Public capital, employment and productivity: An empirical investigation for Greece," EuroEconomica, Danubius University of Galati, issue 25, pages 18-24, October.
  15. repec:spo:wpmain:info:hdl:2441/1181 is not listed on IDEAS
  16. Jean-Paul Fitoussi & Hélène Baudchon & Jérôme Creel & Jean-Luc Gaffard & Eloi Laurent & Jacques Le Cacheux & Patrick Musso & Michel Aglietta & Vladimir Borgy & Jean Chateau & Michel Juillard & Gilles , 2005. "Potential Growth in the EU : Prospects from Technical Progress and Eastern Enlargment," Working Papers hal-03458887, HAL.
  17. Lorenzo Escot & Miguel-Angel Galindo, 1999. "Fiscal policy effects, convergence, and growth," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 5(1), pages 48-55, February.
  18. Delorme, Charles Jr. & Thompson, Herbert Jr. & Warren, Ronald Jr., 1999. "Public Infrastructure and Private Productivity: A Stochastic-Frontier Approach," Journal of Macroeconomics, Elsevier, vol. 21(3), pages 563-576, July.
  19. repec:hal:spmain:info:hdl:2441/1181 is not listed on IDEAS
  20. Angel De la Fuente, 2010. "Infrastructures and productivity: an updated survey," Working Papers 1018, BBVA Bank, Economic Research Department.
  21. Vitor M. Carvalho & Manuel M. F. Martins, 2011. "Macroeconomic effects of fiscal consolidations in a DSGE model for the Euro Area: does composition matter?," FEP Working Papers 421, Universidade do Porto, Faculdade de Economia do Porto.
  22. Angel de la Fuente, 2005. "Los mecanismos de cohesi? territorial en Espa?: un an?sis y algunas propuestas," UFAE and IAE Working Papers 644.05, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
  23. Angel de la Fuente, "undated". "Los mecanismos de cohesión territorial en Espana: un análisis y algunas propuestas," Studies on the Spanish Economy 200, FEDEA.
  24. Antonis Rovolis & Nigel Spence, 2002. "Promoting Regional Economic Growth in Greece by Investing in Public Infrastructure," Environment and Planning C, , vol. 20(3), pages 393-419, June.
  25. Neill, Jon R., 1996. "Fueling the engine of growth with investment in infrastructure: A lesson from neoclassical growth theory," Journal of Macroeconomics, Elsevier, vol. 18(3), pages 521-529.
  26. Yakita, Akira, 2004. "Elasticity of substitution in public capital formation and economic growth," Journal of Macroeconomics, Elsevier, vol. 26(3), pages 391-408, September.
  27. Liguo Zhang & Cuiting Jiang & Xiang Cai & Jun Wu, 2023. "Dynamic linkages between China’s OFDI, transport, and green economic growth: Empirical evidence from the B&R countries," Energy & Environment, , vol. 34(7), pages 2642-2667, November.
  28. Taotao Deng, 2013. "Impacts of Transport Infrastructure on Productivity and Economic Growth: Recent Advances and Research Challenges," Transport Reviews, Taylor & Francis Journals, vol. 33(6), pages 686-699, November.
  29. Miguel Gómez-Antonio & Bernard Fingleton, 2012. "Regional productivity variation and the impact of public capital stock: an analysis with spatial interaction, with reference to Spain," Applied Economics, Taylor & Francis Journals, vol. 44(28), pages 3665-3677, October.
  30. Jakob Haan & Jan Sturm & Bernd Sikken, 1996. "Government capital formation: Explaining the decline," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 132(1), pages 55-74, March.
  31. Jose Miguel Albala-Bertrand, 2004. "Can the Composition of Capital Constrain Potential Output? A Gap Approach," Working Papers 510, Queen Mary University of London, School of Economics and Finance.
  32. Margaret Chitiga & Ramos Mabugu & Hélène Maisonnave, 2016. "Analysing job creation effects of scaling up infrastructure spending in South Africa," Development Southern Africa, Taylor & Francis Journals, vol. 33(2), pages 186-202, March.
  33. repec:kap:iaecre:v:13:y:2007:i:2:p:139-145 is not listed on IDEAS
  34. Angel de la Fuente, "undated". "Infraestructuras y política regional," Studies on the Spanish Economy 122, FEDEA.
  35. Roberto Ezcurra & Carlos Gil & Pedro Pascual & Manuel Rapún, 2005. "Public capital, regional productivity and spatial spillovers," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 39(3), pages 471-494, September.
  36. Aleksandar Vasilev, 2021. "How quantitatively important is public investment for both business cycle fluctuations and output growth in Bulgaria (1999–2018)?," Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis Journals, vol. 14(2), pages 126-141, May.
  37. Maria-Soledad Castaño, 2007. "The Influence of Socioeconomic Factors on Economic Growth," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 13(2), pages 139-145, May.
  38. Gómez-Antonioa, Miguel & Fingleton, Bernard, 2009. "Analysing the impact of public capital stock using the NEG wage equation: a panel data approach," SIRE Discussion Papers 2009-29, Scottish Institute for Research in Economics (SIRE).
  39. Bartlomiej ROKICKI & Mieczyslaw W. SOCHA, 2008. "Effects of Poland's Integration with the EU: Structural Interventions and Economic Development in the Eastern Border Regions," The Journal of Comparative Economic Studies (JCES), The Japanese Society for Comparative Economic Studies (JSCES), vol. 4, pages 81-114, December.
  40. repec:spo:wpecon:info:hdl:2441/1181 is not listed on IDEAS
  41. Nyoni, Thabani, 2018. "What determines private investment in Burundi?," MPRA Paper 87614, University Library of Munich, Germany.
  42. Mamatzakis, E. C., 2003. "Public infrastructure and productivity growth in Greek agriculture," Agricultural Economics, Blackwell, vol. 29(2), pages 169-180, October.
  43. Jean-Louis Combes & Alexandru Minea & Pegdéwendé Nestor Sawadogo, 2019. "Does the composition of government expenditures matter for sovereign bond spreads' evolution in developing countries?," CERDI Working papers halshs-02019063, HAL.
  44. Pedro R.D. Bom & Jenny E. Ligthart, 2009. "How Productive is Public Capital? A Meta-Regression Analysis," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0912, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
  45. Christophe Kamps, 2006. "New Estimates of Government Net Capital Stocks for 22 OECD Countries, 1960-2001," IMF Staff Papers, Palgrave Macmillan, vol. 53(1), pages 1-6.
  46. Nigel Spence & Antonis Rovolis, 2002. "Duality theory and cost function analysis in a regional context: the impact of public infrastructure capital in the Greek regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 36(1), pages 55-78.
  47. repec:hal:wpspec:info:hdl:2441/1181 is not listed on IDEAS
  48. Pedro R. D. Bom & Aitor Goti, 2018. "Public Capital and the Labor Income Share," Sustainability, MDPI, vol. 10(11), pages 1-17, October.
  49. Heng Yang & Qiong Tong & Pan Zhao, 2022. "Study on the impact of the Beijing–Shanghai high-speed railway on regional economic equity based on economic performance," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 68(1), pages 229-253, February.
  50. Francesco Aiello & Alfonsina Iona & Leone Leonida, 2012. "Regional infrastructure and firm investment: theory and empirical evidence for Italy," Empirical Economics, Springer, vol. 42(3), pages 835-862, June.
  51. Sylvie Charlot & Virginie Piguet & Bertrand Schmitt, 2003. "Capital public et productivite quels effets sur les disparites regionales ?," Revue d'économie politique, Dalloz, vol. 113(6), pages 851-880.
  52. Jérôme Creel & Paola Monperrus-Veroni & Francesco Saraceno, 2006. "Estimating the Impact of Public Investment for the United Kingdom: Has the Golden Rule of Public Finance Made a Difference?," SciencePo Working papers Main hal-03462186, HAL.
  53. repec:dau:papers:123456789/1648 is not listed on IDEAS
  54. repec:hal:wpspec:info:hdl:2441/2681 is not listed on IDEAS
  55. Ward Romp & Jakob De Haan, 2007. "Public Capital and Economic Growth: A Critical Survey," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 8(S1), pages 6-52, April.
  56. Abdul Rashid, 2005. "Public / Private Investment Linkages: A Multivariate Cointegration Analysis," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 44(4), pages 805-817.
  57. Diagne, Youssoupha S & Fall, Alsim, 2007. "Impact des infrastructures publiques sur la productivité des entreprises au Sénégal [Impact of public infrastructures on firms productivity in Senegal]," MPRA Paper 54809, University Library of Munich, Germany.
  58. José Luis Torres-Chacón, 2009. "Capital público y crecimiento económico en España 1980-2004," Hacienda Pública Española / Review of Public Economics, IEF, vol. 188(1), pages 31-53, March.
  59. Alfredo M. Pereira & Jorge M. Andraz, 2013. "On The Economic Effects Of Public Infrastructure Investment: A Survey Of The International Evidence," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 38(4), pages 1-37, December.
  60. Jaime Alonso-Carrera & Maria Jesus Freire-Seren & Baltasar Manzano, 2008. "Macroeconomic Effects From The Regional Allocation Of Public Capital Formation," CAMA Working Papers 2008-09, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
  61. Federici, Andrea, 2018. "Il rapporto tra capitale pubblico e altre variabili macroeconomiche: un'applicazione empirica [The relationship between public capital and other macroeconomic variables: an empirical application]," MPRA Paper 88516, University Library of Munich, Germany.
  62. Bharat Kolluri & Michael Panik & Mahmoud Wahab, 2000. "Government expenditure and economic growth: evidence from G7 countries," Applied Economics, Taylor & Francis Journals, vol. 32(8), pages 1059-1068.
  63. Arestoff, Florence & Hurlin, Christophe, 2006. "Estimates of government net capital stocks for 26 developing countries, 1970-2002," Policy Research Working Paper Series 3858, The World Bank.
  64. Agbelie, Bismark R.D.K., 2014. "An empirical analysis of three econometric frameworks for evaluating economic impacts of transportation infrastructure expenditures across countries," Transport Policy, Elsevier, vol. 35(C), pages 304-310.
  65. Jinrui Zhang & Ruilian Zhang & Junzhuo Xu & Jie Wang & Guoqing Shi, 2021. "Infrastructure Investment and Regional Economic Growth: Evidence from Yangtze River Economic Zone," Land, MDPI, vol. 10(3), pages 1-14, March.
  66. Marie-Ange VEGANZONES-VAROUDAKIS, 2000. "Infrastructures, investissement et croissance : un bilan de dix années de recherches," Working Papers 200007, CERDI.
  67. José Manuel González-Páramo & Diego Martínez López, "undated". "Public Investment and Convergence in the Spanish Regions," Studies on the Spanish Economy 112, FEDEA.
  68. Belo, Frederico & Yu, Jianfeng, 2013. "Government investment and the stock market," Journal of Monetary Economics, Elsevier, vol. 60(3), pages 325-339.
  69. repec:spo:wpecon:info:hdl:2441/2681 is not listed on IDEAS
  70. Mercedes Gumbau Albert & Joaquín Maudos Villarroya & Pedro Cantos, 2002. "Transport Infrastructures And Regional Growth: Evidence Of The Spanish Case," Working Papers. Serie EC 2002-27, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  71. Sturm, Jan Egbert & de Haan, Jakob, 1995. "Is public expenditure really productive?: New evidence for the USA and The Netherlands," Economic Modelling, Elsevier, vol. 12(1), pages 60-72, January.
  72. Erenburg, S. J. & Wohar, Mark E., 1995. "Public and private investment: Are there causal linkages?," Journal of Macroeconomics, Elsevier, vol. 17(1), pages 1-30.
  73. Torrisi, Gianpiero, 2009. "Infrastructures and economic performance: a critical comparison across four approaches," MPRA Paper 18688, University Library of Munich, Germany.
  74. Panagiotis Tsintzos, 2012. "Public Investment Rules and Indeterminacy," Economics Bulletin, AccessEcon, vol. 32(1), pages 7-15.
  75. Oscar Alfranca & Miguel-Angel Galindo, 2003. "Public expenditure, income distribution, and growth in OECD countries," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 9(2), pages 133-139, May.
  76. José Luis Torres Chacon, 2015. "Introduction to Dynamic Macroeconomic General Equilibrium Models," Vernon Press Titles in Economics, Vernon Art and Science Inc, edition 2, number 54.
  77. repec:zbw:rwirep:0113 is not listed on IDEAS
  78. E.C. Mamatzakis, 2002. "Public Infrastructure And Private Output: An Application To Greece," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 27(2), pages 143-160, December.
  79. Nishija Unnikrishnan & Thomas Paul Kattookaran, 2020. "Impact of Public and Private Infrastructure Investment on Economic Growth: Evidence from India," Journal of Infrastructure Development, India Development Foundation, vol. 12(2), pages 119-138, December.
  80. Josep Lluís Carrion-i-Silvestre & Laura Surdeanu, 2016. "Productivity, Infrastructure and Human Capital in the Spanish Regions," Spatial Economic Analysis, Taylor & Francis Journals, vol. 11(4), pages 365-391, October.
  81. Atif Ansar & Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2016. "Does infrastructure investment lead to economic growth or economic fragility? Evidence from China," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 32(3), pages 360-390.
  82. Rokicki, Bartlomiej & Stępniak, Marcin, 2018. "Major transport infrastructure investment and regional economic development – An accessibility-based approach," Journal of Transport Geography, Elsevier, vol. 72(C), pages 36-49.
  83. Pedro R.D. Bom & Jenny E. Ligthart, 2014. "What Have We Learned From Three Decades Of Research On The Productivity Of Public Capital?," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 889-916, December.
  84. Torrisi, Gianpiero, 2009. "A multilevel analysis on the economic impact of public infrastructure and corruption on Italian regions," MPRA Paper 15487, University Library of Munich, Germany.
  85. repec:spo:wpecon:info:hdl:2441/2500 is not listed on IDEAS
  86. Khandker, Shahidur R. & Samad, Hussain A., 2016. "Transformation of Rural Bangladesh: Role of Infrastructure and Financial Institutions," Working Papers 128, JICA Research Institute.
  87. Hurlin, Christophe, 2006. "Network effects of the productivity of infrastructure in developing countries," Policy Research Working Paper Series 3808, The World Bank.
  88. Lars Kunze, 2009. "Capital Taxation, Long-run Growth, and Bequests," Ruhr Economic Papers 0113, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
  89. repec:spo:wpmain:info:hdl:2441/2500 is not listed on IDEAS
  90. Tarlok Singh, 2012. "Does public capital crowd-out or crowd-in private capital in India?," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 15(2), pages 109-133, June.
  91. repec:hal:spmain:info:hdl:2441/2500 is not listed on IDEAS
  92. Junjie Hong & Zhaofang Chu & Qiang Wang, 2011. "Transport infrastructure and regional economic growth: evidence from China," Transportation, Springer, vol. 38(5), pages 737-752, September.
  93. Ginés de Rus, 2014. "The economic evaluation of infrastructure investment. Some inescapable tradeoffs," Working Papers 2014-16, FEDEA.
  94. Miguel Gómez-Antonio & Ana Angulo Garijo, 2012. "Evaluating the Effect of Public investment on Productivity Growth Using an Urban Economics Approach for the Spanish Provinces," International Regional Science Review, , vol. 35(4), pages 389-423, October.
  95. Jose Miguel Albala-Bertrand, 1999. "Infrastructure Shortage: A Gap Approach," Working Papers 404, Queen Mary University of London, School of Economics and Finance.
  96. Sayed Mansoor Khalili Araghi & Mahboobeh Kabiri Renani & Elham Nobahar, 2018. "The Effects of Infrastructure on the Economic Growth of the Main Sectors of the Economy of Iran’s Provinces," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 22(2), pages 347-374, Spring.
  97. Geoffrey Wyatt, 2005. "Government Consumption and Industrial Productivity: Scale and Compositional Effects," Journal of Productivity Analysis, Springer, vol. 23(3), pages 341-357, July.
  98. Mr. Frederick L Joutz & Mr. Yasser Abdih, 2008. "The Impact of Public Capital, Human Capital, and Knowledge on Aggregate Output," IMF Working Papers 2008/218, International Monetary Fund.
  99. Akira Yakita, 2008. "Ageing and public capital accumulation," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 15(5), pages 582-598, October.
  100. Bartłomiej Rokicki, 2007. "Przegląd budżetu Unii Europejskiej a reforma polityki spójności," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 7-8, pages 105-125.
  101. Federici, Andrea, 2018. "Il rapporto tra capitale pubblico e altre variabili macroeconomiche: analisi della letteratura [The relationship between public capital and other macroeconomic variable: a literature review]," MPRA Paper 88515, University Library of Munich, Germany.
  102. Torrisi, Gianpiero, 2009. "Public infrastructure: definition, classification and measurement issues," MPRA Paper 12990, University Library of Munich, Germany.
  103. Yang Qi & Mingyue Gao & Haoyu Wang & Huijie Ding & Jianxu Liu & Songsak Sriboonchitta, 2023. "Does Marketization Promote High-Quality Agricultural Development in China?," Sustainability, MDPI, vol. 15(12), pages 1-28, June.
  104. Brown, Teresa & McEvoy, Fiona & Ward, John, 2011. "Aggregates in England—Economic contribution and environmental cost of indigenous supply," Resources Policy, Elsevier, vol. 36(4), pages 295-303.
  105. Ambe Njoh, 2009. "The Development Theory of Transportation Infrastructure Examined in the Context of Central and West Africa," The Review of Black Political Economy, Springer;National Economic Association, vol. 36(3), pages 227-243, December.
  106. Alfredo M. Pereira & Jorge M. Andraz, 2008. "On the Regional Incidence of Public Investment in Highways in the USA," Working Papers 70, Department of Economics, College of William and Mary, revised 15 Sep 2010.
  107. Yakita, Akira, 2008. "Sustainability of public debt, public capital formation, and endogenous growth in an overlapping generations setting," Journal of Public Economics, Elsevier, vol. 92(3-4), pages 897-914, April.
  108. Bartlomiej Rokicki & Eduardo A. Haddad & Jonathan M. Horridge & Marcin Stępniak, 2021. "Accessibility in the regional CGE framework: the effects of major transport infrastructure investments in Poland," Transportation, Springer, vol. 48(2), pages 747-772, April.
  109. repec:spo:wpmain:info:hdl:2441/2681 is not listed on IDEAS
  110. Matthew Lambrinidis & Yannis Psycharis & Antonis Rovolis, 2005. "Regional allocation of public infrastructure investment: The case of Greece," Regional Studies, Taylor & Francis Journals, vol. 39(9), pages 1231-1244.
  111. Fabrizio Balassone & Daniele Franco, 2000. "Public investment, the Stability Pact and the ‘golden rule’," Fiscal Studies, Institute for Fiscal Studies, vol. 21(2), pages 207-229, June.
  112. Rosemary Rossiter, 2002. "Structural Cointegration Analysis of Private and Public Investment," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 1(1), pages 59-68, April.
  113. Sturm, Jan-egbert & Jacobs, Jan & Groote, Peter, 1999. "Output Effects of Infrastructure Investment in the Netherlands, 1853-1913," Journal of Macroeconomics, Elsevier, vol. 21(2), pages 355-380, April.
  114. Zolfaghari, Mehdi & Kabiri, Mahbobe & Saadatmanesh, Hamideh, 2020. "Impact of socio-economic infrastructure investments on income inequality in Iran," Journal of Policy Modeling, Elsevier, vol. 42(5), pages 1146-1168.
  115. Noman Arshed & Muhammad Shahid Hassan & Muhammad Umair Khan & Arslan Arif Uppal, 2022. "Moderating Effects of Logistics Infrastructure Development and Real Sector Productivity: A Case of Pakistan," Global Business Review, International Management Institute, vol. 23(3), pages 676-693, June.
  116. Escobar-Posada, Rolando A. & Monteiro, Goncalo, 2015. "Long-run growth and welfare in a two sector endogenous growth model with productive and non-productive government expenditure," Journal of Macroeconomics, Elsevier, vol. 46(C), pages 218-234.
  117. Diego Romero‐Avila, 2006. "Fiscal Policies And Output In The Long Run: A Panel Cointegration Approach Applied To The Oecd," Manchester School, University of Manchester, vol. 74(3), pages 360-388, June.
  118. José Luis Torres Chacon, 2015. "Introduction to Dynamic Macroeconomic General Equilibrium Models [Second Edition, Paperback]," Vernon Press Titles in Economics, Vernon Art and Science Inc, edition 2, number 44.
  119. Francesco Aiello & Alfonsina Iona & Leone Leonida, 2012. "Regional infrastructure and firm investment: theory and empirical evidence for Italy," Empirical Economics, Springer, vol. 42(3), pages 835-862, June.
  120. repec:hal:spmain:info:hdl:2441/2681 is not listed on IDEAS
  121. Jose da Silva Costa, 1998. "The productive role of public infrastructure: A critical review of recent literature," ERSA conference papers ersa98p95, European Regional Science Association.
  122. Pellervo Hamalainen, 2009. "Review of literature on the productivity of public capital," Discussion Papers 55, Aboa Centre for Economics.
  123. repec:rre:publsh:v:33:y:2003:i:2:p:184-205 is not listed on IDEAS
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