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Please use this identifier to cite or link to this item: http://hdl.handle.net/2445/39411
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dc.contributor.authorHerranz Loncán, Alfonso-
dc.date.accessioned2013-05-02T12:03:59Z-
dc.date.available2013-05-02T12:03:59Z-
dc.date.issued2007-
dc.identifier.issn0014-4983-
dc.identifier.urihttp://hdl.handle.net/2445/39411-
dc.description.abstractThis paper analyzes the impact of infrastructure investment on Spanish economic growth between 1850 and 1935. Using new infrastructure data and VAR techniques, this paper shows that the growth impact of local-scope infrastructure investment was positive, but returns to investment in large nation-wide networks were not significantly different from zero. Two complementary explanations are suggested for the last result. On the one hand, public intervention and the application of non-efficiency investment criteria were very intense in large network construction. On the other hand, returns to new investment in large networks might have decreased dramatically once the basic links were constructed.-
dc.format.extent32 p.-
dc.format.mimetypeapplication/pdf-
dc.language.isoeng-
dc.publisherElsevier-
dc.relation.isformatofVersió postprint del document publicat a: https://doi.org/10.1016/j.eeh.2006.06.002-
dc.relation.ispartofExplorations in Economic History, 2007, vol. 44, num. 3, p. 452-468-
dc.relation.urihttps://doi.org/10.1016/j.eeh.2006.06.002-
dc.rights(c) Elsevier, 2007-
dc.sourceArticles publicats en revistes (Història Econòmica, Institucions, Política i Economia Mundial)-
dc.subject.classificationInfraestructures (Transport)-
dc.subject.classificationXarxes de comunicacions-
dc.subject.classificationFerrocarrils-
dc.subject.classificationCreixement econòmic-
dc.subject.classificationEspanya-
dc.subject.classificationIndustrialització-
dc.subject.otherTransportation buildings-
dc.subject.otherCommunication networks-
dc.subject.otherRailroads-
dc.subject.otherEconomic growth-
dc.subject.otherSpain-
dc.subject.otherIndustrialization-
dc.titleInfrastructure Investment and Spanish Economic Growth, 1850-1935-
dc.typeinfo:eu-repo/semantics/article-
dc.typeinfo:eu-repo/semantics/acceptedVersion-
dc.identifier.idgrec559451-
dc.date.updated2013-05-02T12:03:59Z-
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess-
Appears in Collections:Articles publicats en revistes (Història Econòmica, Institucions, Política i Economia Mundial)

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