Skip navigation
Skip navigation

Capital Spillovers and Growth Revisited: a long-run and dynamic structural analysis

Kam, Timothy; Wang, Yi-Chia


We extend the deterministic growth model of Glomm and Ravikumar (1994) to a stochastic endogenous growth model which nests both exogenous and endogenous growth factors. By introducing simple shocks to production technology, private capital and public capital investment, we can derive testable time series properties of the analytical model. We find evidence of co-integration between per capita output, per capita private capital and public capital. A nested test of the strictly endogenous growth...[Show more]

CollectionsANU Research Publications
Date published: 2008
Type: Journal article
Source: The Economic Record
DOI: 10.1111/j.1475-4932.2008.00498.x


File Description SizeFormat Image
01_Kam_Capital_Spillovers_and_Growth_2008.pdf228.55 kBAdobe PDF    Request a copy

Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  12 November 2018/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator