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Testing for long run relationship between infrastructure and private capital productivity: a time series analysis for the Greek industry

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  • E. C. Mamatzakis

Abstract

This paper addresses the question of whether there is a long run relationship between infrastructure and private capital productivity of Greek industry. Causality issues are also discussed. The results provide evidence in favour of productivity enhanced by public capital stock, and of no feedback from the former to the later.

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File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/135048599353438&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics Letters.

Volume (Year): 6 (1999)
Issue (Month): 4 ()
Pages: 243-246

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Handle: RePEc:taf:apeclt:v:6:y:1999:i:4:p:243-246

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Cited by:
  1. Christophe Kamps, 2004. "The Dynamic Effects of Public Capital: VAR Evidence for 22 OECD Countries," Kiel Working Papers 1224, Kiel Institute for the World Economy.
  2. 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.
  3. Romp, Ward & de Haan, Jakob, 2005. "Public capital and economic growth: a critical survey," EIB Papers 2/2005, European Investment Bank, Economics Department.
  4. Jose Miguel Albala-Bertrand & Emmanouel C. Mamatzakis, 2001. "The Impact of Public Infrastructure on the Productivity of the Chilean Economy," Working Papers 435, Queen Mary, University of London, School of Economics and Finance.
  5. Valter Di Giacinto & Giacinto Micucci & Pasqualino Montanaro, 2012. "The Macroeconomic Impact of Infrastructures: A Literature Review and Empirical Analysis on the Case of Italy," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.
  6. Emmanouel C. Mamatzakis, 1999. "Public Infrastructure, Private Input Demand, and Economic Performance of the Greek Industry," Working Papers 406, Queen Mary, University of London, School of Economics and Finance.
  7. Straub, Stephane, 2008. "Infrastructure and growth in developing countries : recent advances and research challenges," Policy Research Working Paper Series 4460, The World Bank.
  8. Angel de la Fuente, 2010. "Infrastructures and Productivity: an Updated Survey," Working Papers 475, Barcelona Graduate School of Economics.
  9. E. C. Mamatzakis, 2001. "Public Spending and Private Investment: Evidence From Greece," International Economic Journal, Taylor & Francis Journals, vol. 15(4), pages 33-46.
  10. 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.
  11. Bertarelli Silvia, 2006. "Capitale pubblico e crescita: una sintesi critica," Politica economica, Società editrice il Mulino, issue 3, pages 361-398.
  12. Ozbay, Kaan & Ozmen-Ertekin, Dilruba & Berechman, Joseph, 2007. "Contribution of transportation investments to county output," Transport Policy, Elsevier, vol. 14(4), pages 317-329, July.

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