Ezzahid, Elhadj; Rafik, Hamid - In: Economies : open access journal 12 (2024) 5, pp. 1-18
, we include public capital as a distinct input to assess its specific impact on output growth and the enhancement of total … factor productivity. We argue that public capital, predominantly manifesting through infrastructure, constitutes an … indispensable element for fostering growth. Fundamental to the productivity of private capital is its reliance on a sufficient stock …