Public Infrastructure Spillovers and Growth: Theory and Time Series Evidence for Australia

T.C.Y. Kam

No 811, Department of Economics - Working Papers Series from The University of Melbourne

Abstract: In this paper, growth of per capita income can be exogenous and/or endogenous due to aggregate public infrastructure spillover. The deterministic Glomm and Ravikumar (1994) model is augmented in this paper to produce a stochastic growth counterpart which has useful time series implications.

Keywords: INCOME; TIME SERIES; CAPITAL (search for similar items in EconPapers)
JEL-codes: C22 H54 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2001
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Citations: View citations in EconPapers (2)

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