Volume : VI, Issue : VI, June - 2016
Impact of the public expenses’ infrastructures on the economic growth of developing countries
Dr. Emile Aifa
Abstract :
The model put forward by Barro for the theoretical analysis of the links between public capital and growth is now providing a reference framework for the economic literature. The originality of this model lies in the fact that it shows the public capital stock in the production function, so as to highlight the externalities that justify the importance of state intervention in the productive activity. Indeed, if this model was able to provide compelling results in the case of developed economies, the empirical evidence seems controversial in the developing countries. This lack of robustness would probably derive from certain characteristics in developing countries, including, among others, lack of quality data, weak economic governance, fiscal policy, low spatial diffusion...
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DOI : 10.36106/ijar
Cite This Article:
Dr. Emile AIFA Impact of the public expenses� infrastructures on the economic growth of developing countries Indian Journal of Applied Research, Vol.6, Issue : 6 JUNE 2016
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Dr. Emile AIFA Impact of the public expenses� infrastructures on the economic growth of developing countries Indian Journal of Applied Research, Vol.6, Issue : 6 JUNE 2016
<p>&lt;p&gt;&amp;lt;pre&amp;gt;&amp;lt;/pre&amp;gt;&lt;/p&gt;</p>
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