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Is public infrastructure productive? Evidence from Chile

J.M. Albala-Bertrand and Emmanuel Mamatzakis

Applied Economics Letters, 2001, vol. 8, issue 3, 195-198

Abstract: This study assesses the extent to which public infrastructures have contributed to output in the Chilean economy over the period 1960-1995. For the long-run, it uses a vector error correction model for cointegration tests, while for the short-run, it resorts to the use of impulse response functions and variance decompositions. The results appear to show that public infrastructures in Chile have been significantly productive.

Date: 2001
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DOI: 10.1080/13504850150504595

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