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infrastructures in Portugal. The empirical results are based on VAR/ECM models for the Portuguese economy and for eighteen industries …-term economic performance in Portugal it does so in a way that is rather unbalanced across industries. …
Persistent link: https://www.econbiz.de/10005588174
in Portugal. We also find that these positive effects are not strong enough for public investment to pay for itself in … transportation infrastructures. For these, the effects on output are strong enough for public investment to pay for itself. Therefore …
Persistent link: https://www.econbiz.de/10005168596
performance using a newly developed data set for Portugal. We find that investments in other transportation infrastructures … – railroads, ports and airports – and social infrastructures – health and education infrastructures, have the largest effects with … transportation and utilities. Finally, we show that investments in other infrastructures and in social infrastructures will pay for …
Persistent link: https://www.econbiz.de/10011160810
In this paper we analyze the effects of infrastructure investment on economic performance in Portugal using a newly … telecommunications. For all of these infrastructures, the output multipliers are sizable enough to suggest that these investments would … infrastructures the bulk of the effects are short-term demand side effects while for railroads and health the bulk of the effects come …
Persistent link: https://www.econbiz.de/10011160813
The relationship between public investment and economic performance has received a substantial attention by economists and policy-makers over the recent few years. In such a way, several approaches have been followed, from different theoretical and empirical points of view. The aim of this paper...
Persistent link: https://www.econbiz.de/10005063207
capital. The spillovers effects generated by infrastructures located in other regions do not seem to encourage private …
Persistent link: https://www.econbiz.de/10005063219
The relationship between public investment and economic is one of the most highly debated issues in economic policy circles in recent years. This topic has been analyzed from several approaches, both from a theoretical and empirical perspective. In this paper we present a survey of the main...
Persistent link: https://www.econbiz.de/10005418981
function approach may not be reliable to determine the macroeconomic returns of public infrastructures. Two sources of biases … contribution of infrastructures. The standard correction proposed in the literature, based on a specification in first differences …
Persistent link: https://www.econbiz.de/10011072178
Owing to slow growth and a relatively weak fiscal position, Portugal’s public debt had been rising for almost a decade … Portugal (www.oecd.org/eco/surveys/portugal). …
Persistent link: https://www.econbiz.de/10009690910
Owing to slow growth and a relatively weak fiscal position, Portugal’s public debt had been rising for almost a decade … Portugal (www.oecd.org/eco/surveys/portugal).<P>Portugal : Mettre en place des bases solides pour un assainissement budgétaire … Portugal était en augmentation depuis près d’une décennie lorsque la crise mondiale a frappé, creusant sensiblement le déficit …
Persistent link: https://www.econbiz.de/10011277000