Exportar Publicação

A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA) 
Pereira, A. M. & Andraz, J. M. (2005). Public investment in transportation infrastructure and economic performance in Portugal. Review of Development Economics. 9 (2), 177-196
Exportar Referência (IEEE) 
A. M. Pereira and J. M. Andraz,  "Public investment in transportation infrastructure and economic performance in Portugal", in Review of Development Economics, vol. 9, no. 2, pp. 177-196, 2005
Exportar BibTeX 
@article{pereira2005_1714709552204,
	author = "Pereira, A. M. and Andraz, J. M.",
	title = "Public investment in transportation infrastructure and economic performance in Portugal",
	journal = "Review of Development Economics",
	year = "2005",
	volume = "9",
	number = "2",
	doi = "10.1111/j.1467-9361.2005.00271.x",
	pages = "177-196",
	url = "http://onlinelibrary.wiley.com/doi/10.1111/j.1467-9361.2005.00271.x/full"
}
Exportar RIS 
TY  - JOUR
TI  - Public investment in transportation infrastructure and economic performance in Portugal
T2  - Review of Development Economics
VL  - 9
IS  - 2
AU  - Pereira, A. M.
AU  - Andraz, J. M.
PY  - 2005
SP  - 177-196
SN  - 1363-6669
DO  - 10.1111/j.1467-9361.2005.00271.x
UR  - http://onlinelibrary.wiley.com/doi/10.1111/j.1467-9361.2005.00271.x/full
AB  - In this paper, we use a VAR approach to investigate the effects of public investment in transportation infrastructures on private investment, employment, and output in Portugal. Estimation results suggest that public investment crowds in private investment and employment, and has a strong positive effect on output. We estimate that one euro in public investment increases output in the long-term by 9.5 euros, which corresponds to a rate of return of 15.9%. These figures imply that there are strong long-term budgetary benefits from public investment in the form of increased future tax revenues. A closer look at the effects of different types of public investment uncovers the same general patterns. These results are very important from a public policy perspective. They suggest that the strategy followed by the Portuguese authorities of investing in public infrastructures is justified, both from a long-term development perspective and a long-term public budgetary perspective.
ER  -