Podrecca, Elena; Carmeci, Gaetano - In: Applied Economics 33 (2001) 2, pp. 177-182
This study re-examines the issue of causality between investment shares and economic growth. A methodology is applied based on Arellano and Bond (1991), and Holtz-Eakin, Newey and Rosen (1988) to quinquennial panel data on growth and investment shares for the post war period and shows that,...