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Flores de Frutos, Rafael ; Pereira, Alfredo M. | Facultad de Ciencias Económicas y Empresariales. Instituto Complutense de Análisis Económico (ICAE) | 1993This paper deals with the empirical relationships between public capital and aggregate economic growth in the United States, and in particular the question of whether or not public capital is productive. It develops a theoretical framework which[...]texto impreso
Flores de Frutos, Rafael ; Pereira, Alfredo M. | Facultad de Ciencias Económicas y Empresariales. Instituto Complutense de Análisis Económico (ICAE) | 1993This paper suggests a general econometric approach to the empirical testing of the staple theory. The methodology is based upon a multivariate stochastic time series analysis adjusted to accommodate the presence of co-integration. Consistent [...]
