Inversión en infraestructura pública y crecimiento económico, evidencia para Chile
[Public infrastructure, investment and economic growth in Chile]
AbstractIn this paper we estimate the long-term elasticity of public infrastructure of GDP for the period 1960-2010. It is important to note that while the term "equilibrium" in economics is quite broad, here we refer only to a stable statistical relationship between economic variables. In this paper we analyze the critical role of public infrastructure investment (including the investment works concessions) in total factor productivity in Chile.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 39857.
Date of creation: 01 Mar 2012
Date of revision:
Infraestructura pública; cointegración; modelo de estado espacio; filtro de kalman;
Find related papers by JEL classification:
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-07-23 (All new papers)
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