Public Capital and Growth /

This paper estimates the impact of public capital on economic growth for forty-eight OECD and non-OECD countries during 1960 - 2001. Using the production function and its extensions, it finds a positive - but concave - elasticity of output with respect to public capital, which is robust to changes i...

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Bibliographic Details
Main Author: Arslanalp, Serkan
Other Authors: Bornhorst, Fabian, Gupta, Sanjeev, Sze, Elsa
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/175
Online Access:Full text available on IMF