Is Infrastructure Capital Productive? A Dynamic Heterogeneous Approach

Is Infrastructure Capital Productive? A Dynamic Heterogeneous Approach

This paper offers an empirical evaluation of the output contribution of infrastructure. Drawing from a large data set on infrastructure stocks covering 88 countries and spanning the years 1960-2000, and using a panel time-series approach, the paper...

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Bibliographic Details
Main Authors: Calderón, César, Moral-Benito, Enrique, Servén, Luis
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
AIC
BANDWIDTH
BANK OF SPAIN
CAPITAL STOCK
CONSTANT RETURNS TO SCALE
CONVERGENCE HYPOTHESIS
DEFICITS
DEPRECIATION RATE
DEVELOPMENT ECONOMICS
DEVELOPMENT POLICY
DYNAMIC ANALYSIS
ECONOMETRIC METHODOLOGY
ECONOMETRIC THEORY
ECONOMETRICS
ECONOMIC ANALYSIS
ECONOMIC DEVELOPMENT
ECONOMIC DYNAMICS
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
ECONOMIC RESEARCH
ECONOMICS OF INFRASTRUCTURE
ELASTICITIES
ELASTICITY
ELECTRIC POWER
ELECTRICITY
EXCHANGE RATES
EXPECTED VALUE
FISCAL POLICY
FORECASTS
FOREIGN ASSETS
GDP
GENERATION
GENERATION CAPACITY
GOVERNMENT EXPENDITURES
GOVERNMENT INVESTMENT
GOVERNMENT SPENDING
GROWTH MODEL
GROWTH MODELS
GROWTH RATE
HOUSING
HUMAN CAPITAL
INCOME
INCOME DISTRIBUTION
INCOME ELASTICITY
INCOME LEVELS
INEFFICIENCY
INFRASTRUCTURE ASSETS
INFRASTRUCTURE CONGESTION
INFRASTRUCTURE DEVELOPMENT
INFRASTRUCTURE ECONOMICS
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE INVESTMENTS
INFRASTRUCTURE PROVISION
INFRASTRUCTURE SECTOR
INFRASTRUCTURE SERVICES
INTERNATIONAL ENERGY
INTERNATIONAL ROAD FEDERATION
INVENTORY
LAND TRANSPORT
MACROECONOMICS
MARGINAL PRODUCT
MARGINAL PRODUCTIVITY
MIDDLE INCOME COUNTRIES
MIDDLE INCOME COUNTRY
MULTIPLIERS
OPEN ACCESS
PER CAPITA INCOME
POLITICAL ECONOMY
PRIVATE SECTOR
PRODUCTION FUNCTION
PRODUCTION FUNCTIONS
PRODUCTION INPUTS
PRODUCTIVITY
PUBLIC
PUBLIC EXPENDITURE
PUBLIC GOODS
PUBLIC INFRASTRUCTURE
PUBLIC INVESTMENT
PUBLIC POLICIES
PUBLIC SECTOR
PURCHASING POWER
RAILWAY
RAILWAY NETWORK
RAILWAYS
REAL GDP
ROAD
ROAD INFRASTRUCTURE
ROAD NETWORK
ROAD SYSTEM
ROAD TRANSPORT
ROADS
STATISTICAL ANALYSIS
TAXATION
TELECOMMUNICATIONS
TELECOMMUNICATIONS SERVICES
TOTAL FACTOR PRODUCTIVITY
TRANSITION ECONOMIES
TRANSPORT
TRANSPORT INFRASTRUCTURE
UNEMPLOYMENT
URBAN ECONOMICS
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110615103058
http://hdl.handle.net/10986/3446

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110615103058
http://hdl.handle.net/10986/3446

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