Capital and Trade As Engines of Growth in France : An Application of Johansen's Cointegration Methodology /

An aggregate production function is estimated with recent cointegrating techniques that are particularly appropriate for estimating long-run relationships. The empirical results suggest that the growth of output in France has been spurred by increased trade integration within the European Community...

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Detalhes bibliográficos
Autor principal: Coe, David
Outros Autores: Moghadam, Reza
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1993.
Colecção:IMF Working Papers; Working Paper ; No. 1993/011
Acesso em linha:Full text available on IMF
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100 1 |a Coe, David. 
245 1 0 |a Capital and Trade As Engines of Growth in France :   |b An Application of Johansen's Cointegration Methodology /  |c David Coe, Reza Moghadam. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1993. 
300 |a 1 online resource (36 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a An aggregate production function is estimated with recent cointegrating techniques that are particularly appropriate for estimating long-run relationships. The empirical results suggest that the growth of output in France has been spurred by increased trade integration within the European Community and by the accumulation not only of business sector capital-the only measure of capital included in most empirical studies-but also by the accumulation of government infrastructure capital, residential capital, and R and D capital. Calculations of potential output indicate that trade and capital-broadly defined-account for all of the growth in the French economy during the last two decades. 
538 |a Mode of access: Internet 
700 1 |a Moghadam, Reza. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1993/011 
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