Browsing FGV EPGE - Ensaios Econômicos by Title "Growth, increasing returns, and public infrastructure : time series evidence"

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Growth, increasing returns, and public infrastructure : time series evidence

Ferreira, Pedro Cavalcanti; Issler, João Victor
1995-03

Initial endogenous growth models emphasized the importance of external effects and increasing retums in explaining growth. Empirically, this hypothesis can be confumed if the coefficient of physical capital per hour is ...