Efficiency-Adjusted Public Capital and Growth /

This paper constructs an efficiency-adjusted public capital stock series and re-examines the public capital and growth relationship for 52 developing countries. The results show that public capital is a significant contributor to economic growth. Although the estimated coefficient for the income sha...

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Bibliographic Details
Main Author: Gupta, Sanjeev
Other Authors: Kangur, Alvar, Papageorgiou, Chris, Wane, Abdoul
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/217
Online Access:Full text available on IMF