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...

This paper addresses the question of whether there is a long run relationship between infrastructure and private capital productivity of Greek industry. Causality issues are also discussed. The results provide evidence in favour of productivity enhanced by public capital stock, and of no...

This paper estimates how output growth responds to shocks in the tax mix and tax burden over a long period of time. In particular, the underlying dynamic interactions between output growth, tax mix and tax burden are considered. To this purpose, Impulse Response Function analysis is applied. The...