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Export Reference (APA) 
Soares, H., Tiago Neves Sequeira, Macias Marques, P., Gomes, O. & Ferreira-Lopes, A. (2013). Social Infrastructure and the Preservation of Physical Capital: Equilibria and Transitional Dynamics. Seminário do CEFAGE – UE .
Export Reference (IEEE) 
H. I. Soares et al.,  "Social Infrastructure and the Preservation of Physical Capital: Equilibria and Transitional Dynamics", in Seminário do CEFAGE – UE , Évora, 2013
Export BibTeX 
@misc{soares2013_1765581297151,
	author = "Soares, H. and Tiago Neves Sequeira and Macias Marques, P. and Gomes, O. and Ferreira-Lopes, A.",
	title = "Social Infrastructure and the Preservation of Physical Capital: Equilibria and Transitional Dynamics",
	year = "2013",
	howpublished = "Other",
	url = "http://www.cefage.uevora.pt/pt/noticias/proximos_eventos/seminarios_de_investigacao_cientifica/social_infrastructure_and_the_preservation_of_physical_capital_equilibria_and_transitional_dynamics"
}
Export RIS 
TY  - CPAPER
TI  - Social Infrastructure and the Preservation of Physical Capital: Equilibria and Transitional Dynamics
T2  - Seminário do CEFAGE – UE 
AU  - Soares, H.
AU  - Tiago Neves Sequeira
AU  - Macias Marques, P.
AU  - Gomes, O.
AU  - Ferreira-Lopes, A.
PY  - 2013
CY  - Évora
UR  - http://www.cefage.uevora.pt/pt/noticias/proximos_eventos/seminarios_de_investigacao_cientifica/social_infrastructure_and_the_preservation_of_physical_capital_equilibria_and_transitional_dynamics
AB  - We study the mechanisms according to which social infrastructure influences the preservation of physical capital and, consequently, economic growth. The presented model considers that social infrastructure is a specific type of human capital, which acts in order to preserve already existing physical capital, by, e.g. reducing the incentive for rent seeking or corruption. Using an innovative methodology in economics, the Gröbner bases, we study the equilibrium of our model and conclude for the existence of two feasible steady-states or of unicity according to different combinations of parameters, highlighting a trade-off between consumption and production on one hand and social infrastructure and physical capital accumulation, on the other. We also present sufficient conditions for saddle-path stability. Finally, we describe transitional dynamics and calculate welfare effects from what we show that strengthening social infrastructure increases welfare. 
ER  -