Is infrastructure capital productive ? a dynamic heterogeneous approach (English)

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 estimates a long-run aggregate production function relating GDP to human capital, physical capital, and a synthetic measure of infrastructure given by the first principal component of infrastructure endowments...

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Author

Calderon, Cesar;

Moral Benito,Enrique;

Serven,Luis;
Document Date
2011/06/01
Document Type
Policy Research Working Paper
Report Number
WPS5682
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2011/06/01
Disclosure Status
Disclosed
Doc Name
Is infrastructure capital productive ? a dynamic heterogeneous approach
Keywords
loss of degrees of freedom

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Calderon, Cesar; Moral Benito,Enrique; Serven,Luis.

Is infrastructure capital productive ? a dynamic heterogeneous approach (English). Paper is funded by the Knowledge for Change Program (KCP)|Policy Research working paper ; no. WPS 5682 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/990231468331034266

Is infrastructure capital productive ? a dynamic heterogeneous approach (English)

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