{
  "title": "Public Capital and Growth",
  "publication": "IMF Working Papers, July 1, 2010",
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  "summary": "This paper estimates the impact of public capital on economic growth for forty-eight OECD and non-OECD countries during 1960 - 2001.",
  "sections": [
    {
      "heading": "Authors and Publication",
      "content": "- Serkan Arslanalp, Fabian Bornhorst, Sanjeev Gupta, Elsa Sze\n- July 1, 2010\n- IMF Working Papers, Working Paper No. 2010/175, Issue: 175, Volume: 2010\n- Pages: 34\n- DOI: https://doi.org/10.5089/9781455201860.001\n- ISBN: 9781455201860\n- ISSN: 1018-5941\n- Stock No: WPIEA2010175"
    },
    {
      "heading": "Research Question and Scope",
      "content": "- Estimates the impact of public capital on economic growth for forty-eight OECD and non-OECD countries during 1960 - 2001.\n- Methodological framework: production function and its extensions."
    },
    {
      "heading": "Key Findings",
      "content": "- The elasticity of output with respect to public capital is positive but concave.\n- The positive-concave elasticity result is robust to:\n  - changes in time intervals\n  - varying depreciation rates\n- In non-OECD countries, the growth impact of public capital is higher once longer time intervals are considered."
    },
    {
      "heading": "Subject Areas and Keywords",
      "content": "- Subject: Capital accumulation, Depreciation, Public investment and public-private partnerships (PPP), Public investment spending, Stocks\n- Keywords: investment rate, ln g, ln k, ln l, OECD country, public capital, WP"
    },
    {
      "heading": "Availability",
      "content": "- Format: PDF available for download via IMF eLibrary\n- Additional formats and print ordering available through IMF eLibrary\n\nSource: Serkan Arslanalp, Fabian Bornhorst, Sanjeev Gupta, and Elsa Sze, \"Public Capital and Growth\", IMF Working Papers 2010, 175 (2010), DOI: https://doi.org/10.5089/9781455201860.001.\n\n---\n\n Content in this bundle\n\n- wp10175\n  - wp10175 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - wp10175 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/31/public-capital-and-growth-24095"
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    "Authors: Serkan Arslanalp, Fabian Bornhorst, Sanjeev Gupta, Elsa Sze",
    "Published: July 1, 2010",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781455201860.001",
    "Serkan Arslanalp, Fabian Bornhorst, Sanjeev Gupta, Elsa Sze",
    "July 1, 2010",
    "IMF Working Papers, Working Paper No. 2010/175, Issue: 175, Volume: 2010",
    "Pages: 34",
    "DOI: https://doi.org/10.5089/9781455201860.001",
    "ISBN: 9781455201860",
    "ISSN: 1018-5941",
    "Stock No: WPIEA2010175",
    "Estimates the impact of public capital on economic growth for forty-eight OECD and non-OECD countries during 1960 - 2001.",
    "Methodological framework: production function and its extensions.",
    "The elasticity of output with respect to public capital is positive but concave.",
    "The positive-concave elasticity result is robust to:",
    "In non-OECD countries, the growth impact of public capital is higher once longer time intervals are considered.",
    "Subject: Capital accumulation, Depreciation, Public investment and public-private partnerships (PPP), Public investment spending, Stocks",
    "Keywords: investment rate, ln g, ln k, ln l, OECD country, public capital, WP",
    "Format: PDF available for download via IMF eLibrary",
    "Additional formats and print ordering available through IMF eLibrary",
    "**_wp10175**"
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