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. (2007). Public investment in transportation infrastructure and economic performance in Portugal. Journal of Economic Development. 32 (1), 1-20
Exportar Referência (IEEE) 
A. M. Pereira and J. M. Andraz,  "Public investment in transportation infrastructure and economic performance in Portugal", in Journal of Economic Development, vol. 32, no. 1, pp. 1-20, 2007
Exportar BibTeX 
@article{pereira2007_1715218455886,
	author = "Pereira, A. M. and Andraz, J. M.",
	title = "Public investment in transportation infrastructure and economic performance in Portugal",
	journal = "Journal of Economic Development",
	year = "2007",
	volume = "32",
	number = "1",
	pages = "1-20",
	url = "http://www.jed.or.kr/full-text/32-1/32-1-1.pdf"
}
Exportar RIS 
TY  - JOUR
TI  - Public investment in transportation infrastructure and economic performance in Portugal
T2  - Journal of Economic Development
VL  - 32
IS  - 1
AU  - Pereira, A. M.
AU  - Andraz, J. M.
PY  - 2007
SP  - 1-20
SN  - 0254-8372
UR  - http://www.jed.or.kr/full-text/32-1/32-1-1.pdf
AB  - The objective of this paper is to evaluate the effects at the industry level of public 
investment in transportation infrastructures in Portugal. The empirical results are based on 
VAR/ECM models for the Portuguese economy and for eighteen industries covering the 
whole spectrum of economic activity in the country. These models consider private-sector 
output, employment and investment as well as public investment. Empirical results at the 
aggregate level indicate that public investment  has a positive effect on both private inputs as 
well as on private output and that it affects labor productivity positively. These aggregate 
results, however, hide a wide variety of industry-level effects. In absolute terms, the 
industries that benefit the most from public investment are Construction, Trade, 
Transportation, Finance, Real Estate, and Services. In turn, relative to their size, the 
industries that benefit the most are Mining, Non-Metal Products, Metal Products,  Construction, Restaurants, Transportation, and Finance, and, therefore, public investment tends to shift the industry mix toward these industries. Accordingly, our empirical results 
suggest that although public investment has been a powerful instrument to enhance the 
long-term economic performance in Portugal it does so in a way that is rather unbalanced 
across industries. 
ER  -