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Elasticity of substitution in public capital formation and economic growth

✍ Scribed by Akira Yakita


Book ID
113722144
Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
289 KB
Volume
26
Category
Article
ISSN
0164-0704

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Private capital formation and public inv
✍ Ahmed Badawi πŸ“‚ Article πŸ“… 2003 πŸ› John Wiley and Sons 🌐 English βš– 130 KB

## Abstract The paper attempts to address the issue of complementarity and substitutability of state capital to private sector investment activities in a neoclassical growth framework. It employs a co‐integrated vector autoregressive model to account for potential endogeneity and nonstationarity pr