The effects of infrastructure and public investment on the elasticity of private investment: an empirical investigation for Brazil

ABSTRACT This study estimates the determinants of the elasticities of private investment and total investment for the Brazilian economy for the period between 1960 and 2013. It uses a Bayesian model averaging and weighted-average least-squares approach with a flexible accelerator model of investment...

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Bibliographic Details
Main Authors: JEFFERSON S. FRAGA, HELDER LARA FERREIRA-FILHO
Format: Article
Language:English
Published: Editora 34 2023-02-01
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572023000100275&lng=en&tlng=en