Article ID Journal Published Year Pages File Type
5061468 Economics Letters 2009 4 Pages PDF
Abstract
This paper captures the heterogeneous impact on growth, of public capital and current spending, for 15 developing countries. Using the GMM system panel estimator, we show that countries with substantial public capital (current) spending have strong negative (positive) growth effects.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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On the heterogeneous impact of public capital and current spending on growth across nations
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