Is public investment in construction and in R&D, growth enhancing? A PVAR Approach

We study the impacts of public investment, notably in construction and in R&D on economic growth and of crowding-out effects on private investment. For this purpose, we use Panel Vector Autoregression (PVAR) models and the Generalised Method of Moments (GMM) approach for 40 advanced and emerging...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Rodrigues, Eduardo de Sá Fortes Leitão (author)
Format: workingPaper
Language:eng
Published: 2022
Subjects:
Online Access:http://hdl.handle.net/10400.5/25803
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/25803