Inversión en infraestructura pública y crecimiento económico, evidencia para Chile.

Idrovo Aguirre, Byron (2012): Inversión en infraestructura pública y crecimiento económico, evidencia para Chile. Published in: Documentos de Trabajo de la Cámara Chilena de la Construcción No. N°. 69 (1 March 2012)

Abstract

In this paper we estimate the long-term elasticity of public infrastructure of GDP for the period 1960-2010. It is important to note that while the term "equilibrium" in economics is quite broad, here we refer only to a stable statistical relationship between economic variables. In this paper we analyze the critical role of public infrastructure investment (including the investment works concessions) in total factor productivity in Chile.

• Item Type: MPRA Paper
• English Title: Public infrastructure, investment and economic growth in Chile.
• Language: Spanish
• Keywords: Infraestructura pública; cointegración; modelo de estado espacio; filtro de kalman
• Subjects: C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C51 - Model Construction and Estimation

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