Monteiro, Goncalo; Turnovsky, Stephen J. - In: Indian Growth and Development Review 1 (2008) 1, pp. 57-83
growth. Previous analyses have focused on the separate effects of public investment in infrastructure and on investment in … capital, physical capital, and government spending on infrastructure. Human capital is produced in the education sector using … spending on infrastructure and government spending on human capital and the trade‐offs that they entail, both in the long run …