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Against the backdrop of increasing efforts of the German federal and states’ governments to open up additional private financial sources for transport infrastucture construction this paper tries to give a comprehensive overview over transport-related public expenditures and revenues of the...
Persistent link: https://www.econbiz.de/10010265482
This note shows that German real GDP follows a trend-stationary process. Both tests which have trend-stationarity as the alternative hypothesis as well as tests that have it under the null hypothesis prefer the trend-stationary model. Explicit consideration of breaks in the trend is not...
Persistent link: https://www.econbiz.de/10010265453