Is All Public Capital Created Equal?

By Alfredo Pereira Jr.. Review of Economics and Statistics, 2000

249 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/686284a30a6a8b6b4bb63ee0cf144bdff5809a4b

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

Citations in the corpus

Economic growth in South Asia: Role of infrastructure (2012, methodology): “Pereira (2000) using a multivariate time-series framework for the US over the period 1956–1997, found that public investment on different types of physical infrastructure is a powerful means of promoting economic growth as it crowds in private investment in different sectors and increases the…”
Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment (2012, unknown): “Such anticipation of future government spending has been shown by Ramey (2011a) to pose a serious hazard in correctly identifying spending shocks.”
Public Investment in Transportation Infrastructure and Economic Performance in Portugal (2005, unknown): “Another variable in Pereira (2000), core”
The Dynamic Effects of Public Capital: VAR Evidence for 22 OECD Countries (2005, unknown): “, Pereira (2001b) for another study using this concept.”
On the Effects of Public Investment on Private Investment: What Crowds in What? (2001, methodology): “…enough, however, the evaluation of the effects of public investment on private inputs, and private investment in particular, has been largely ignored in the literature ever since (for examples of exceptions, see Erenberg 1993; Erenberg and Wohar 1995; Pereira 2000; Pereira and Flores 1999).”
Impacts of Transport Infrastructure on Productivity and Economic Growth: Recent Advances and Research Challenges (2013, result): “However, recent studies by Pereira and De Fructos (1999), Pereira (2000), Pereira and Roca-Sagalés (2003) and Jiwattanakulpaisarn et al. (2011) strongly suggest that the analysis on the effects of infrastructure investment on productivity requires the consideration of dynamic feedback effects…”
Network Effects of Public Transport Infrastructure: Evidence on Italian Regions (2012, unknown): “…of the identification strategy outlined in Section 3 hinges on the recent structural VAR (Vector Auto-Regressive) approach to the assessment of macroeconomic effects of public capital expenditure (Pereira, 2000; Pereira and Roca-Sagalés, 2003; Kamps, 2005; Di Giacinto, Micucci and Montanaro, 2010).”
On the economic effects of public infrastructure investment: A survey of the international evidence (2013, background): “Empirical results reported in Pereira and Andraz (2003) for example suggest that public investment in infrastructures in the US tends to shift the sectoral composition of employment toward construction and transportation and the composition of private investment toward manufacturing, public utilitie”
Public Capital and Growth (2010, background): “…(A) Public investment VAR, first differences log levels Public investment positively affects private investment, employment and output Pereira (2000) US 1956-97 (A) Public investment VAR, first differences log levels Positive effect through crowding in of private investment Pereira…”
Macroeconomic Rates Of Return Of Public And Private Investment: Crowding-In And Crowding-Out Effects (2009, methodology): “Macroeconomic rates of return this have been previously computed by Pereira (2000) and Pina and St. Aubyn (2005), but this method has not been widely used in the literature.”
Transport Infrastructure Development, Public Performance and Long-Run Economic Growth: A Case Study for the Eu-28 Countries (2018, methodology): “Pereira [38] using as transport infrastructure variable highways and streets and based on time series data (1956–1997) of the US in VAR model, find that highway investment has a positive impact on the private output, with the output elasticity estimated by 0.”
The productivity of transport infrastructure investment: A meta-analysis of empirical evidence (2013, methodology): “Besides growth regressions, some researchers (e.g. Batina, 1998; Pereira, 1998; Sturm et al., 1999) have adopted vector auto regression (VAR) models.”