01816cas a2200253 a 4500 AALejournalIMF001405 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451925975 1018-5941 BD-DhAAL BD-DhAAL Coe, David. Capital and Trade As Engines of Growth in France : An Application of Johansen's Cointegration Methodology / David Coe, Reza Moghadam. Washington, D.C. : International Monetary Fund, 1993. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students An aggregate production function is estimated with recent cointegrating techniques that are particularly appropriate for estimating long-run relationships. The empirical results suggest that the growth of output in France has been spurred by increased trade integration within the European Community and by the accumulation not only of business sector capital-the only measure of capital included in most empirical studies-but also by the accumulation of government infrastructure capital, residential capital, and R and D capital. Calculations of potential output indicate that trade and capital-broadly defined-account for all of the growth in the French economy during the last two decades. Mode of access: Internet Moghadam, Reza. IMF Working Papers; Working Paper ; No. 1993/011 Full text available on IMF http://elibrary.imf.org/view/journals/001/1993/011/001.1993.issue-011-en.xml IMF e-Library