Calder??n, C??sar; Moral-Benito, Enrique; Serv??n, Luis - 2012
This paper offers an empirical evaluation of the output contribution of infrastructure. Drawing from a large data set … on infrastructure stocks covering 88 countries and spanning the years 1960-2000, and using a panel time-series approach … synthetic measure of infrastructure given by the first principal component of infrastructure endowments in transport, power, and …