[The Impact of Infrastructure Spending on Growth in Algeria. A Multivariate Time Series Approach (VAR)]"> [The Impact of Infrastructure Spending on Growth in Algeria. A Multivariate Time Series Approach (VAR)]">
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L'Impact des Dépenses d'Infrastructures sur la Croissance en Algérie. Une Approche en Séries Temporelles Multivariées (VAR)
[The Impact of Infrastructure Spending on Growth in Algeria. A Multivariate Time Series Approach (VAR)]

Author

Listed:
  • Zakane, Ahmed
Abstract
The purpose of this paper is to study the relationship between the infrastructure spending and the economic growth in Algeria using results from the endogenous growth theory, specifically the BARRO model (1990). The novelty of this work lies on using VAR models, with the objective of deducing the effects leading to changes in the infrastructure spending on growth as well as the causality links between capital stock, infrastructure and labor.

Suggested Citation

  • Zakane, Ahmed, 2009. "L'Impact des Dépenses d'Infrastructures sur la Croissance en Algérie. Une Approche en Séries Temporelles Multivariées (VAR) [The Impact of Infrastructure Spending on Growth in Algeria. A Multivaria," MPRA Paper 82119, University Library of Munich, Germany, revised 2009.
    • Handle: RePEc:pra:mprapa:82119
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    File URL: https://mpra.ub.uni-muenchen.de/82119/1/MPRA_paper_82119.pdf
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    References listed on IDEAS

    as
    1. Glomm, Gerhard & Ravikumar, B., 1994. "Public investment in infrastructure in a simple growth model," Journal of Economic Dynamics and Control, Elsevier, vol. 18(6), pages 1173-1187, November.
    2. Robert J. Barro & Xavier Sala-I-Martin, 1992. "Public Finance in Models of Economic Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(4), pages 645-661.
    3. Alicia H. Munnell, 1992. "Policy Watch: Infrastructure Investment and Economic Growth," Journal of Economic Perspectives, American Economic Association, vol. 6(4), pages 189-198, Fall.
    4. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March.
    5. Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, vol. 37(3), pages 424-438, July.
    6. Barro, Robert J, 1990. "Government Spending in a Simple Model of Endogenous Growth," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 103-126, October.
    7. Sims, Christopher A, 1980. "Macroeconomics and Reality," Econometrica, Econometric Society, vol. 48(1), pages 1-48, January.
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    Cited by:

    1. Zakane, Ahmed, 2017. "Le Rôle du Capital Humain dans le Processus de Croissance Économique en Algérie [The Role of the Human Capital in the Economic Growth Process in Algeria]," MPRA Paper 81983, University Library of Munich, Germany.

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    More about this item

    Keywords

    Infrastructure; endogenous growth; multivariate models.;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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