کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5068980 | 1373022 | 2007 | 17 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Infrastructure investment and Spanish economic growth, 1850-1935
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
علوم انسانی و هنر
تاریخ
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: Infrastructure investment and Spanish economic growth, 1850-1935 Infrastructure investment and Spanish economic growth, 1850-1935](/preview/png/5068980.png)
چکیده انگلیسی
This paper analyzes the impact of infrastructure investment on Spanish economic growth between 1850 and 1935. Using new infrastructure data and VAR techniques, this paper shows that the growth impact of local-scope infrastructure investment was positive, but returns to investment in large nation-wide networks were not significantly different from zero. Two complementary explanations are suggested for the last result. On the one hand, public intervention and the application of non-efficiency investment criteria were very intense in large network construction. On the other hand, returns to new investment in large networks might have decreased dramatically once the basic links were constructed.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Explorations in Economic History - Volume 44, Issue 3, July 2007, Pages 452-468
Journal: Explorations in Economic History - Volume 44, Issue 3, July 2007, Pages 452-468
نویسندگان
Alfonso Herranz-Loncán,