Purpose: The purpose of this paper, on Portugal, is to determine the economic effects of public and private capital spending on health. Design/methodology/approach: The authors use a vector autoregressive model to estimate the elasticities and marginal products of health care investments in...

Purpose – This paper seeks to estimate the long‐term effects on output of different fiscal policies in Portugal. Design/methodology/approach – Results are obtained from accumulated impulse response functions associated with unrestricted VAR models that include several public spending and...

Purpose – This paper seeks to estimate the long-term effects on output of different fiscal policies in Portugal. Design/methodology/approach – Results are obtained from accumulated impulse response functions associated with unrestricted VAR models that include several public spending and...