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Financing Capital Expenditures: A Look at the Municipal Bond Market

✍ Scribed by Review by: Jay H. Abrams

Book ID
125255970
Publisher
John Wiley and Sons
Year
1983
Tongue
English
Weight
990 KB
Volume
43
Category
Article
ISSN
0033-3352

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## Abstract Using annual data for 75 countries in the period 1960–2000, we present evidence of a positive relationship between investment as a share of gross domestic product (GDP) and the long‐run growth rate of GDP per worker. This result is robust for our full sample and for the subsample of non