Public Investment and Growth in the Eastern Caribbean /
This paper quantifies the effect of public investment on growth in the ECCU. The results, emerging from panel vector autoregressions, indicate that the return on public investment, as defined by Perreira (2000), is very likely negative. This means that the total change in real output induced by one...
| Автор: | |
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| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2007.
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| Серія: | IMF Working Papers; Working Paper ;
No. 2007/124 |
| Онлайн доступ: | Full text available on IMF |