Jong-A-Pin, Richard; de Haan, Jakob - In: EIB Papers 13 (2008) 1, pp. 57-81
This paper presents new estimates for 21 OECD countries covering the period 1960-2001, focusing on two questions: To what extent does the impact of public capital on output differ across countries? And to what extent does it differ over time? Using vector autoregressions (VARs), we find that in...