Assessing the Effect of Public Capital on Growth : An Extension of the World Bank Long-Term Growth Model

To analyze the effect of an increase in the quantity or quality of public investment on growth, this paper extends the World Bank’s Long-Term Growth Model (LTGM), by separating the total capital stock into public and private portions, with the form...

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Bibliographic Details
Main Authors: Devadas, Sharmila, Pennings, Steven
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/701811539089110745/Assessing-the-Effect-of-Public-Capital-on-Growth-An-Extension-of-the-World-Bank-Long-Term-Growth-Model
http://hdl.handle.net/10986/30569