Carregant...
Fitxers
Tipus de document
ArticleVersió
Versió acceptadaData de publicació
Tots els drets reservats
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/39411
Infrastructure Investment and Spanish Economic Growth, 1850-1935
Títol de la revista
Autors
Director/Tutor
ISSN de la revista
Títol del volum
Recurs relacionat
Resum
This 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.
Matèries (anglès)
Citació
Citació
HERRANZ LONCÁN, Alfonso. Infrastructure Investment and Spanish Economic Growth, 1850-1935. _Explorations in Economic History_. 2007. Vol. 44, núm. 3, pàgs. 452-468. [consulta: 23 de gener de 2026]. ISSN: 0014-4983. [Disponible a: https://hdl.handle.net/2445/39411]